accounting standards, accounting system, accrual accounting and financial accounting

GAAP: What It Is and Why Your Investors Expect It

inDinero Accounting

JUNE 29, 2023

Accrual Accounting is a vital component of Generally Accepted Accounting Principles (GAAP). It is like a complex machine, with many parts that must work together to create an effective system. It also explains why only some businesses use GAAP and when it may be time to switch over.

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GAAP: What It Is and Why Your Investors Expect It

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