U.S. GAAP

Jul
15

US GAAP

Understanding US GAAP GAAP (Generally Accepted Accounting Principles) are basically a set of rules that comprise of the details, legalities and intricacies of corporate accounting. The Financial Accounting Standards Board (FASB) uses GAAP as the foundation for its extensive set of approved accounting methods and practices. Both publicly traded and privately-held corporations in the US […]

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