GAAP vs. IFRS: Key Differences in Inventory Accounting

Discover the key differences in inventory accounting between GAAP and IFRS, including valuation methods, write-down reversals ...
Nasdaq

Nasdaq sees 2024 non-GAAP tax rate 23.5%-24.5%

The company is updating its 2024 non-GAAP operating expense guidance to a range of $2,150 million to $2,180 million, and is updating its 2024 non-GAAP tax rate guidance to be in the range of 23.5% to ...
Bloomberg L.P.

GAAP rule changes threaten to boost corporate taxes

Two US GAAP proposals that will probably be adopted this year could help authorities battle tax avoidance. Companies would have to parse cash levies by country, likely laying out the results of income ...
Business Wire

Western Digital Reports Fiscal First Quarter 2023 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Western Digital Corp. (Nasdaq: WDC) today reported fiscal first quarter 2023 financial results. “I am pleased to see the Western Digital team work together to ...
Nasdaq

Intuit Reports Strong Fourth Quarter and Full Year Fiscal 2025 Results; Sets Fiscal 2026 Guidance With Double Digit Revenue Growth and Continued Operating Margin Expansion

Reflects estimated adjustments in item [a], income taxes related to these adjustments, and other income tax effects related to the use of the non-GAAP tax rate. Reflects estimated adjustments in item ...