
Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
النسخة 16الرقم المعياري الدولي: 978-0077862381
Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
النسخة 16الرقم المعياري الدولي: 978-0077862381 تمرين 2
What is meant by generally accepted accounting principles, and how do these principles add to the integrity of financial accounting information
التوضيح
Accounting information that is communicated externally to investors, creditors, and other users, must be prepared in accordance with standards that are understood by both the preparers and users of that information. We call these standards generally accepted accounting principles, shortened to GAAP.
GAAP includes broad principles of measurement and presentation, as well as detailed rules that are used by professional accountants in preparing accounting information and reports.
These principles provide the general framework for determining what information is included in financial statements and how this information is to be prepared and presented.
GAAP includes broad principles of measurement and presentation, as well as detailed rules that are used by professional accountants in preparing accounting information and reports.
These principles provide the general framework for determining what information is included in financial statements and how this information is to be prepared and presented.
Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
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