Typically, only the original copy of a check is included in a standard GAAP filing. This is done to ensure that the original supporting documentation is preserved for audit and verification purposes. Copies or scanned images of checks may be retained for internal control and record-keeping purposes, but only the original check is included in the formal financial reporting under GAAP.
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gaap
GAAP is an acronym for Generally Accepted Accounting Principles, which is the standard guideline and rules that need to be followed in a particular jurisdiction. Many people rely on objective reporting of financial information by companies and other individuals, and the GAAP help ensure that data is unbiased and consistent.
gaap
Yes, there is a need to change the GAAP because corporations can easily circumvent the standards. The federal government must be involved so that they can enforce the changes.
short note on GAAP
ugly people need gaap to look nicer
GAAP is an acronym for Generally Accepted Accounting Principles
How does GAAP affect financial reporting?