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GAAP: What It Is and Why Your Investors Expect It

inDinero Accounting

Along this journey, influential organizations such as FASB and International Accounting Standards Board have played a major role in establishing and maintaining GAAP standards across different jurisdictions and industries worldwide. This process occurs before any cash payment is made or taxes are due.

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[07/11/21] The Sad State of Accounting

Baruch Lev

The Wall Street Journal reported (July 1, 2021) that the International Accounting Standards Board (IASB), the accounting body that sets the financial reporting rules of public companies in more than 140 jurisdictions ? This is not a reliable accounting system. but not in the U.S. —

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Foreign Exchange Accounting Guide for Businesses in 2022

Accounting Seed

Paying overseas employees follows the same foreign exchange accounting principles but can be more complicated. Depending on the details of the arrangement, a foreign government may require you to register with them as an employer. For more accounting resources for your business, read on: Top 7 Issues Accountants Face Today.

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