Understanding Pro Forma vs. GAAP Financial Statements: Key Differences

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

12 Key Insights for Analyzing Financial Statements Effectively

Learn 12 essential things about financial statements that investors need to know. These insights can guide smarter investment ...
Harvard Business School

Mandatory IFRS Adoption and Financial Statement Comparability

Brochet, Francois, Alan Jagolinzer, and Edward J. Riedl. "Mandatory IFRS Adoption and Financial Statement Comparability." Contemporary Accounting Research 30, no. 4 (Winter 2013): 1373–1400.
Kellogg School of Management

Accounting standards harmonization and financial statement comparability: Evidence from transnational information transfer

Citations: Wang, Clare. 2014. Accounting standards harmonization and financial statement comparability: Evidence from transnational information transfer. Journal of Accounting Research. (4)955-992.
JournalofAccountancy

IFRS 18: A fundamental redesign of financial statement presentation

Over the years, companies have relied on alternative performance measures (APMs) such as “adjusted earnings” or “underlying profit” to provide investors additional financial information beyond IFRS or ...
Houston Chronicle

Why Are Financial Statements Important to Tax Authorities?

There are four key financial statements your company may have: a balance sheet, income statement, cash flow statement and statement of owners' or shareholders' equity (retained earnings). A balance ...
The Reporter

IFRS 18 and the Future of Financial Reporting in Ethiopia

The International Accounting Standards Board (IASB) issued IFRS 18: Presentation and Disclosure in Financial Statements in April 2024, marking the most ...
Houston Chronicle

Advantages & Disadvantages of Financial Statement Analysis in Decision Making

Financial statements are financial data documents a company publishes on an annual, biannual, quarterly or monthly basis. These documents include the company's net worth based on assets and ...