Discover the crucial differences between pro forma and GAAP financial statements. Learn why companies use both and the ...

White Mountains Insurance press release (NYSE:WTM): Q2 GAAP EPS of $7.65. Revenue of $378.4M (+393.4% Y/Y). Recommended For You ...

While not perfect, generally accepted accounting principles are considered the gold standard of accounting rules. Corporations throughout the country use GAAP to prepare their financial statements.

The Financial Accounting Standards Board is postponing the effective date of its long-duration insurance accounting standard for a year and making it easier to adopt it early. Last month, the board ...

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