What is the meaning of GAPP?
- 12 Answers
- 17949 Views
- Ernst Young, Inventory, I also Faced
- E-Mail Answers
Answer Posted / sreedhar reddy
The common set of accounting principles, standards and
procedures that companies use to compile their financial
statements. GAAP are a combination of authoritative
standards (set by policy boards) and simply the commonly
accepted ways of recording and reporting accounting
information.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
how to we pass a purchase entry in item invoice mode where some advance has been paid to the party. the purchase entry should get offset with the advance payment entry so that it does not appear in the bill outstanding or bills due list. please guide.thank you
on the basis accounting,acounting is divided in to how many classes and what are they?
How to calculate Gratuity & when it's applicable to employee after three years or Five years?...
What are the disadvantages of manual accounting?
Do you know what is the importance of team work in this position?
How do I charge bank charges on payments to clients
service tax calculated on agreement value or market value whichver is higher for builders?
Explain me do you think accounting standards are mandatory and why?
Anti Takeover policies
is goods in transit will be liable for entry tax ?
Does anybody know anything about BirlaSoft? I got a job offer, they sent me a contract to sign and return, but thank God they didn't ask for any money! But, they said they would send me a check in the mail. And as my first "task" I would have to use that check to order a bunch of accounting software, and I would need to purchase this software ONLY from the vendors that THEY provide. Is this a scam to just get money? I'm wondering if they "own" the vendor they "work" with and launder money that way. I asked the person who was getting my information, as far as my name and address to send the check to, Why would I have to buy software to install in my home computer anyway? Couldn't they just send me a link for the software to download? I'm afraid of the check being fake. Because, if I deposit the check into my checking account and it turns out to be fake, then I'll owe the bank all that money! Hope to hear from someone soon. Thanks.
Explain me what is tally accounting?
What are the four classifications of bad and doubtful debts as per the context of the bank?
Tell me what is trial balance in accounting?
What is process of Vendor Reconciliation and which items will be Add and Less from ad per customer books likes step by step 1-Credit Note shown in vendor a/c but not booked in our a/c- Add or Less 2-Debit Note not shown in vendor a/c but booked in our a/c - Add or Less 3-Invoices not booked in our a/c but shown in vendor a/c- Add or Less 4-Payment booked in our books but not shown vendor- Add or Less If our balance is plus or minus rules is same. like 20000, (-20000) Sir, Provide your mobile n for clarify
