that aim to ‘enhance the quality of UK financial reporting’ by more closely aligning UK GAAP with IFRS in key areas, including new revenue recognition and lease accounting models. This follows ...

Probitas 1492 has reported a strong financial performance, with a UK GAAP pretax profit of £62 million in 2024, a 17% increase from 2023. The company’s undiscounted net combined operating ratio (NCOR) ...

Sasirin Pamai / Getty Images Generally Accepted Accounting Principles, often known by the acronym GAAP, is a set of accounting rules created to govern financial reporting for corporations in the ...