Answer Posted / sarfaraz khan
GAAP- refer to the standard framework of guidelines for
financial accounting used in any given jurisdiction;
generally known as Accounting Standards. GAAP includes the
standards, conventions, and rules accountants follow in
recording and summarizing , and in the preparation of
financial statements.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what happens to each of the three primary financial statements when capital expenditures decrease?
how to check which item is sold by the sundry debtors in tally?
WHY LOSS IN BUSINESS IS SHOWN IN ASSETS SIDE OF BALANCE SHEET? WHY EXCISE DUTY IS DEDUCTED FROM THE GROSS SALES TO ARRIVE NET SALES? WHY SALES TAX IS NOT DEDUCTED FROM SALES TO ARRIVE NET SALES?
am attend to bank exam(iob)pls send model questions
can payorder be issued for outstation?if yes then how?should it be account payee?
Expand-------NABT
sir,how to get strong position in finance .how to get good position in company. qulification.Msc,MBA
while i creating a main asset master there is a error called process being terminated? pls send the solution
what are micro-cap, small-cap, mid-cap, large-cap companies?
What is T+2 rolli g settlement cycle?
what is CDD’s configuration
i have completed my MBA with finace background. am intrested to learn oracle finace.can you suggest me which are good instittues in hyderabad.at area wise.
Whatis new GL & Odd G.L What is the difference between these two.
what is Contra Asset?
What is the procedure to become charted accountant in India now. Please answer this is urgent