What is the purpose of gaap in the accounting cycle

Reference no: EM13129708

What is the purpose of GAAP in the accounting cycle? Is it possible to deviate from GAAP and still prepare financial statements?

Reference no: EM13129708

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What is the purpose of gaap in the accounting cycle : What is the purpose of GAAP in the accounting cycle? Is it possible to deviate from GAAP and still prepare financial statements?

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