Keyword Analysis & Research: gaap eps

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Frequently Asked Questions

Does GAAP require comparative financial statements?

The three primary financial statements of a business are generally reported in multiyear financial statements, using a two-or three-year comparative format. Generally accepted accounting principles (GAAP) favor presenting these comparative financial statements for private companies, but it is not required.

What are GAAP measures?

Generally accepted accounting principles (GAAP) are the standards for companies in the United States and most companies doing business in the United States. GAAP measures represent the accounting procedures a company specifically uses for certain items, such as the computation of net income or valuation of inventory.

What are GAAP earnings?

In general, GAAP earnings are a measure of a company's overall earnings performance, while non-GAAP earnings are maneuvers of a company's earnings performance for specific analyzing and publicity purposes.

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