Stats: 3,188,263 members, 7,934,121 topics. Date: Wednesday, 28 August 2024 at 06:38 PM |
Nairaland Forum / Nairaland / General / Education / Generally Accepted Accounting Principles (GAAP) (288 Views)
School Generally Is A Place That Turns Good Girls Into Hoes. / Ketandu Deborah Adaeze Chiedu Accepted To Ivy Schools / Chinaza Asiegbu Accepted Into 8 Ivy League Schools In US. Photos (2) (3) (4)
(1) (Reply)
Generally Accepted Accounting Principles (GAAP) by Onyemadonald(m): 12:48pm On Aug 28, 2018 |
Generally accepted accounting principles (GAAP) refer to a common set of accounting principles, standards and procedures that companies must follow when they compile their financial statements. GAAP is a combination of authoritative standards (set by policy boards) and the commonly accepted ways of recording and reporting accounting information. GAAP improves the clarity of the communication of financial information. There is no universal GAAP standard and the specifics vary from one geographic location or industry to another. In the United States, the Securities and Exchange Commission (SEC) mandates that financial reports adhere to GAAP requirements. The Financial Accounting Standards Board (FASB) stipulates GAAP overall and the Governmental Accounting Standards Board (GASB) stipulates GAAP for state and local government. Publicly traded companies must comply with both SEC and GAAP requirements. The phrase "generally accepted accounting principles" (or "GAAP" ![]() READ THE FULL BLOG POST HERE: https://www.trendingaccounting.com/2018/08/generally-accepted-accounting.html?m=1 1 Like |
Re: Generally Accepted Accounting Principles (GAAP) by marktow: 9:04am On Oct 19, 2021 |
There are some basic issues like division of workloads, complete work on time, outdated software, etc. these all you have to look at properly. For these all purposes, you have no thought about taking help from outsider professionals regarding the accountant services. If you want to get Outsourcing Accounting Service in Uk for your business you can visit the site: https://planetaryaccountingandmarketing.com/accounting-services/ |
(1) (Reply)
Do You Know About The Recent Happenings In University Of Abuja Today? / Opportunity For Teachers To Win 1 Million Dollars. / ���at Ojodu Berger,the Conductor Of This Danfo Bus
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 8 |