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 ...

GASB released a study on utilization of GAAP among state and local governments and found all the states are using GAAP, but only about three-quarters of localities are.

Probitas Syndicate 1492 has booked a UK GAAP pre-tax profit of £62mn ($83mn) for 2024, an increase of 17% on 2023 and the ...

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) ...