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What are the most common accounting standards?
The most common accounting standards are the ones that one can find in the Generally Accepted Accounting Principles (GAAP), those are a group of accounting standards very common and widely accepted.
The most significant current source of generally accepted accounting?
FASB
What is the most significant current source of generally accepted accounting principle?
fasb
Is the most FASB the most significant current source of generally accepted accounting principles?
yes
What is principal of accounting?
The most important of the accounting is to comply with generally accepted accounting principles and standards and norms that conducted by accounting organizations. Accounting must have qualities characteristics. With these characteristics, it will be useful to users. Example for characteristics: relevance, reliability and comparability
What are the most common accounting standards?
The most common accounting standards are the ones that one can find in the Generally Accepted Accounting Principles (GAAP), those are a group of accounting standards very common and widely accepted.
The most significant current source of generally accepted accounting?
FASB
What is the most significant current source of generally accepted accounting principle?
fasb
Is the most FASB the most significant current source of generally accepted accounting principles?
yes
What is principal of accounting?
The most important of the accounting is to comply with generally accepted accounting principles and standards and norms that conducted by accounting organizations. Accounting must have qualities characteristics. With these characteristics, it will be useful to users. Example for characteristics: relevance, reliability and comparability
Why is accounting important in business?
Accounting is important because it records the day to day financial activities of a business. It is basis for all financial statement and earnings reports of a company. Most companies today follow Generally Accepted Accounting Principles (GAAP).
What is most common type of attest engagement?
A financial statement audit is, by far, the most common type of attest engagement. The overall assertion, made by management, most frequently is that the financial statements follow generally accepted accounting principles.
What are the fundamentals differences between financial and managerial accounting?
Financial accounting gives an overview of the company using generally accepted accounting principles. While used internally, it is also presented to external users such as investors, banks and other creditors. Managerial accounting is designed to facilitate internal operational evaluation and decision-making. It may not use generally accepted methods of presentaion; but, rather, present information in a way that is most useable to various department managers. It tends to be more detail oriented in some ways, but might completely omit information that is not pertinent to the intended user.
What is most important decision you will make?
Where you will spend eternity is generally accepted to be that question.
How many international accounting standards are there?
Typically, every country can have their own set of accounting standards used for private enterprises. However, the three major accounting standards recognized globally are US GAAP, Canadian GAAP (although Canada is switching to IFRS effective January 1st, 2011), and IFRS (which is used by most countries in the world now, excluding USA, which uses US GAAP). *GAAP = Generally Accepted Accounting Principles **IFRS = International Financial Reporting Standards
What is Vulgate?
a text generally accepted among experts as being the best or most accurate version
The difference between an accepted value and an experimental value is called?
In science, and most specifically chemistry, the accepted value denotes a value of a substance accepted by almost all scientists and the experimental value denotes the value of a substance's properties found in a localized lab.
