Dear Sir
Iam Abhimanyu kumar
I Am a student of UPSC .In my Syllabus General Accounting Principle or GAAP is Here
What is the difference between them
ABHIMANYU KUMAR (STUDENT) (70 Points)
17 January 2017Dear Sir
Iam Abhimanyu kumar
I Am a student of UPSC .In my Syllabus General Accounting Principle or GAAP is Here
What is the difference between them
Saikrishnan S
(Chartered accountant - Plintron)
(186 Points)
Replied 18 January 2017
GAAP refers to Generally accepted accounting principles - These are common set of accounting principles, standards and procedures that companies must follow when they compile their financial statements.
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