GAAP requires a public company to prepare a worksheet for financial reporting purposes.

Name: GAAP requires a public company to prepare a worksheet for financial reporting purposes.
Brand: Quizplus
Rating: 4.7 (36 reviews)

Question

Quizplus · Accepted Answer

GAAP does not require a public company to prepare a worksheet for financial reporting purposes. However, a worksheet may be prepared by the company for internal use to help organize and summarize financial information for financial reporting.

GAAP Requires a Public Company to Prepare a Worksheet for Financial