Accounting Standards in the United States of America
Accounting in the USA The following report will describe and discuss the major elements of accounting in the USA. It will show that the US Generally Accepted Accounting Principles (GAAP) are set by th...
History and Development of Accounting Standards
Accounting has been around since the beginning of civilization. ¡§Accountants participated in the development of cities, trade, and the concepts of wealth and numbers.¡¨ (Giroux) The importance of...
Various sources of accounting standards
1. Various sources of accounting standards: The accounting standards originated from many different sources. These include: - Agency of the Federal government (notably the Securities...