0
Distinguish between generally accepted auditing standard and generally accepted accounting principle?
Wiki User
∙ 11y ago
general standards
field work of standards
reporting standards
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
How many generally accepted accounting principles are there?
how many principle of gaap
What is the most significant current source of generally accepted accounting principle?
fasb
Which of the following are in accordance with generally accepted accounting principles?
the revenue recognition principle dictates that revenue should be recognized in the accounting records?
Identify and state two generally accepted accounting principles that relate to adjusting the accounts?
The matching principle and the revenue recogntion principle.
State two generally accepted accounting principles that relate to adjusting the accounts?
I believe the answer is Revenue recognition Principle and Matching Principle. Can anyone confirm.
How many generally accepted accounting principles are there?
how many principle of gaap
Is First in Last out a generally accepted accounting principle?
No. It's first in first out.
What is the most significant current source of generally accepted accounting principle?
fasb
Which of the following are in accordance with generally accepted accounting principles?
the revenue recognition principle dictates that revenue should be recognized in the accounting records?
Identify and state two generally accepted accounting principles that relate to adjusting the accounts?
The matching principle and the revenue recogntion principle.
List of Generally Accepted Accounting Principles?
what is the list of generally accounting accepted principles
Generally accepted in the phrase generally accepted accounting principles means that the principles?
in the phrase generally accepted accounting principles means
State two generally accepted accounting principles that relate to adjusting the accounts?
I believe the answer is Revenue recognition Principle and Matching Principle. Can anyone confirm.
A common set of accounting standards and procedures are called?
GAAP - Generally Accepted Accounting Principles
Is weighted average inventory valuation GAAP?
Yes, along with FIFO and LIFO, Weighted average is a generally accepted accounting principle.
Is Mark to Market accounting accepted under generally accepted accounting principle?
no, it only accepts it once we take up fair values not the fair market values bcz somtimes market under value a perticular asset
What does the acronym GAAP stand for?
GAAP is an acronym for Generally Accepted Accounting Principles. GAAP is a series of basic rules accepted by those within the accounting community to perform accounting tasks.
