US GAAP meaning

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student
242 Points Posted on 22 February 2021
what is US GAAP
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On 22 February 2021 at 18:50 Report
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US GAAP refers to the accounting standards used in the United States. Indian companies might require knowledge of US GAAP if they serve US clients, have US subsidiaries, or collaborate with US-based entities. Understanding these principles is vital for international business operations.

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GST Consultant
15986 Points Posted on 22 February 2021
These are Accounting Standards which are followed in United States of America
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On 22 February 2021 at 19:14
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student
242 Points Posted on 22 February 2021
So why the Job descripttiion of indian company require US GAAP REQUIREMENT
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On 22 February 2021 at 19:16
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GST Consultant
15986 Points Posted on 22 February 2021

Maybe they are having US clients or their subsidiary or holding company are in US

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On 22 February 2021 at 19:28
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Chartered Accountant
24588 Points Posted on 22 February 2021
They have US clients collaboration
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On 22 February 2021 at 20:38

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