generally accepted accounting principles gaap
Generally Accepted Accounting Principles (GAAP) -Rules, conventions and procedures essential to define accepted accounting practice at a specific time. The highest level of such principles are set by FINANCIAL ACCOUNTING STANDARDS BOARD (FASB).
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foreign currency translation - restating foreign currency in equivalent dollars unrealized losses or gains are postponed and carried in stockholders
q show the foreign tax creditforeign tax credit - a us taxpayer who pays or accrues income tax to a foreign country may elect to credit or deduct
q what do you mean by franchisefranchise - legal arrangement whereby owner of a franchisor trade name contracts with a party who wants to use the
fund accounting - method of accounting and presentation whereby liabilities and assets are grouped according to the purpose for that they are to be
generally accepted accounting principles gaap -rules conventions and procedures essential to define accepted accounting practice at a specific time
generally accepted auditing standards gaas - standards set by american institute of certified public accountants aicpa which concern auditors
governing documents - official legal documents which dictate how an entity is operated governing documents of a corporation include articles of
government accountability office gao - accounting and auditing office of the united states government an independent agency which reviews federal
imputed interest - if no interest or an unrealistic amount of interest is charged in a salve involving certain kinds of deferred payments then
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