Bookkeeping

A large, one-time, litigation settlement can lead to a short-term spike in expenses. The diluted share count differs from the basic share count in that it adds shares that aren’t yet issued — but could be. For instance, executives may have stock options that are “in the money”; in other words, it would be profitable […]

Typically, this consists of adding or removing components of net income that are deemed to be non-recurring. However, assume that this company closed 100 stores over that period and ended the year with 400 stores. An analyst will want to know what the EPS was for just the 400 stores the company plans to continue

There are 13 important Accounting Concepts that are to be followed by companies to prepare true and fair financial statements. The General Accepted Accounting Principles are also known as Accounting Concepts. The primary objective of GAAP is to ensure a basic level of consistency in the accounting statements of an organization. Financial statements prepared with