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GAAP stands for generally accepted accounting principles. GAAP is the standardized set of accounting principles that public companies in the U.S. must follow.
Non-GAAP means accounting standards that DO NO follow GAAP accounting. Which one is best? Brian Feroldi and Brian Stoffel explain what is gaap accounting, non-gaap measures, accounting standards, and more.
Brian Feroldi's mission is "to spread financial wellness." This channel teaches viewers how to master their personal finances and invest better. New videos are posted every week!
0:00 Intro
0:29 GAAP
1:11 Non-GAAP
1:46 GAAP vs Non-GAAP
3:23 Non-GAAP Metrics
6:01 Walmart Example
7:49 Fiverr Example
#gaap #nongaap #accounting
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