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Understanding GAAP and Accounting Principles by Abhishek Misra is a document available to read on EtoBox.

Generally accepted accounting principles (GAAP) are a set of standards and rules that provide a general framework for financial accounting and reporting. GAAP includes broad guidelines for accounting procedures as well as detailed procedures for specific types of accounts and transactions. There are several key accounting principles that underlie GAAP, including the business entity concept, going concern concept, accrual concept, and matching principle. GAAP is influenced by various institutions in India, s

Author

Abhishek Misra

Language

EN