Generally Accepted Accounting Principles

Generally accepted accounting principles (GAAP) are the standard framework of guidelines for financial accounting used in any given jurisdiction; generally known as accounting standards or standard accounting practice. These include the standards, conventions, and rules that accountants follow in recording and summarizing and in the preparation of financial statements.Many county and city governments in the United States choose to "opt out" of GAAP practices as they operate on a cash basis, as opposed to an accrual basis.
Posts about Generally Accepted Accounting Principles
  • Twitter Shuffle: COO Adam Bain Out, CFO Anthony Noto Adds COO Role

    … live content business and take over revenue-generating segments including global ad sales, data, revenue products and mobile ad exchange MoPub, as well as global partnerships and business development. Twitter said the current leadership team overseeing those areas will report to Noto, including vice president of global revenue and operations Matt…

    David Cohen/ Inside Facebookin Twitter- 13 readers -
  • A Complete Guide to Twitter’s Q2 2016 Earnings Call

    … they follow. It drove increased retention and engagement (tweets, retweets, replies and likes) in Q2, and we expect the experience will continue to improve meaningfully over time as our machine learning systems get better. We also launched a significant improvement in May to the Connect tab so that people can get better account recommendations based…

    David Cohen/ Inside Facebookin Twitter- 19 readers -
  • LinkedIn Revenue Up 35% in Q1

    … and Development. Marketing Solutions: $154 million, up 29 percent compared with the first quarter of 2015. Premium Subscriptions: A 22 percent year-over-year gain, to $149 million. LinkedIn reported adjusted earnings before interest, taxes, debt and amortization of $222 million and a generally accepted account principles net loss of $46 million, or $0.35…

    David Cohen/ AllFacebook- 11 readers -
  • A Complete Guide to Facebook’s Q3 2015 Financial Results

    … results for businesses. Products like carousel ads and dynamic product ads help improve effectiveness for marketers. Carousel ads show multiple images and now videos, and they drive 30 percent to 50 percent lower cost per conversion than single image link ads. Dynamic product ads, which allow marketers to upload their product catalog, are driving…

    David Cohen/ AllTwitterin Social Facebook- 22 readers -
  • 3Q EARNINGS: Facebook’s Mobile Upswing Continues

    … the respective figures for overall DAUs and MAUs. Facebook reported revenue of $3.2 billion for the quarter, up 59 percent from $2.02 billion in the year-earlier period. Advertising accounted for the bulk of the company’s revenue, $2.96 billion, and that figure was up 64 percent from the third quarter of 2013. GAAP (generally accepted accounting principles…

    David Cohen/ AllFacebookin Social Mobile Facebook- 8 readers -
  • 2Q EARNINGS: Facebook Has 1.32B MAUs, 1.07B Mobile MAUs, 399M Mobile-Only MAUs

    … accepted accounting principles) net income of $791 million in the second quarter of 2014, or $0.30 per share, up 138 percent from $333 million ($0.13) in the same period in 2013. Non-GAAP net income was $1.09 billion ($0.42), up 124 percent from $488 million ($0.19) in the prior-year period. We had a good second quarter. Our community has continued to grow, and we see a lot of opportunity ahead as we connect the rest of the world. Readers: Did any of Facebook's second-quarter-2014 results surprise you? …

    David Cohen/ AllFacebookin Social- 18 readers -
Get the top posts daily into your mailbox!
3 Blogs about the topic

More from around the web