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GAAP: What It Is and Why Your Investors Expect It

inDinero Accounting

Generally Accepted Accounting Principles (GAAP) are a set of accounting principles, standards, and procedures that define accepted accounting practice at a particular time. Its purpose is to ensure that financial statements provide an accurate and transparent view of the company’s financial condition and operations.

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The Path to Sustainable Mining: Leveraging Digital Strategies to Prepare for the Future of ESG Assurance

Withum

Government regulators, financial auditors, potential investors, and acquirers all require robust and transparent ESG data captured directly from mine sites. International accounting standards will require sustainability disclosure alongside finance statements.

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An Exclusive Interview with FASB Chairman Richard Jones

ThomsonReuters

Is it an area you would consider for convergence with the IASB, in light of International Accounting Standard (IAS) 20, Accounting for Government Grants and Disclosure of Government Assistance, being known and used widely by companies? The project on government assistance appears to have stalled.