Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Generally Accepted Accpunting Principle or GAAP
The American Institute of Certified Public Accountant (AICPA) elaborates financial accounting theory and commonly accepted accounting principles as follows:
Financial statements are the products of procedure in that a large volume of data about aspects of the economic activities of an enterprise are accumulated, analysed and reported. The procedure should be carried out in accordance along with commonly accepted accounting principles. Generally accepted principles incorporate the consensus at a particular time as to that economic resources and obligations should be recorded as assets and liabilities through financial accounting, that change in assets and liabilities should be recorded, while these changes should be recorded and how the changes in assets and liabilities should be measured. GAAP also lays emphasis on what information should be disclosed and how it should be disclosed and which financial statements should be prepared.
Generally Accepted Accounting Principles (GAAP) encompasses the convention, rules and procedures essential to define accepted accounting practice at a particular time. GAAP involved not only wide guidelines of common application, but also detailed practices & procedures.
Explain how the advent of the euro would affect international diversification strategies. Answer: As the euro-zone will have similar exchange-rate policies and monetary, the co
Bond Indenture An indenture builds the formal conditions of a lending relationship between a borrower and a lender. It is a written record, and it outlines most important func
What is nondiversifiable risk? How is it measured? If not the returns of one-half the assets in a portfolio are perfectly negatively correlated along with the other half-which
Business forecasting menaing
Corporate debt instruments are the financial obligations of a corporation having priority over the claims of the shareholders (equity or preferred) at the time of
Why do a Split? A 4 x 1 Split is an operation by which a shareholder now owns 4 shares for every share he/she had before. Logically, the stock market value of each of these new
State the Disadvantages of ias 14 risk and return approach Segments may include operations with different risk and returns. Difficulty in defining segments, which mak
Dividend Decision: The Dividend Decision is a decision taken by the directors of a company. It relates to the timing of any cash payments and amount made to the company's stoc
The IASB is in the procedure of undertaking a comprehensive review of accounting for financial instruments, and has issued a latest financial instruments standard referred to as IF
ORGANISATION FOR BUDGETARY CONTROL (or) PRE-REQUISITES FOR THE INTRODUCTION OF AN EFFECTIVE BUDGETARY CONTROL SYSTEM 1. BUDGET CENTRE: It is a section of the organization
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd