such accounts as patents, copyrights, franchises, and goodwill appeared under the intangible assets balance sheet caption, in the instances where the company purchased such assets from other entities
generally accepted accounting principles
what is the list of generally accounting accepted principles
in the phrase generally accepted accounting principles means
Creative accounting accountants resolve problems. Creative accounting must still abide by the Generally Accepted Accounting Principles. Typically, experienced accountants utilize creative accounting.
GAAP - Generally Accepted Accounting Principles
principles
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.
Accounting
Generally Accepted Accounting Principles. There are different types of GAAP in todays world. For example, there is U.S. GAAP (generally accepted acccounting principles in the United States) and U.K. GAAP (generally accepted accounting principles in the United Kingdom).
Generally Accepted Accounting Principles
Financial Statements
off-course it is requisite to know the accounting principles. For financial analyst it is necessary to know firstly GAAP analysis (generally accepted accounting principles).Where accounting standards ,rules and regulation are stated in accordance with the international accounting standard board. Obivously,we have numbers of accounting standards IAS and priciples on the basis of this financial analyst enable to make decision. In a nut shell, when we have accounting rules standards and a defined guideline it will be very convinient for financial analyst to make decision.