GAAP carries usual rules and conventions, and conventions for making financial statements. GAAS, on the other hand, carries three groups of ten standards detailing reviewing of the financial statements. Together, the three groups assist in evaluating the company’s accounting practices and reporting st...
Function GAAP contains accounting standards that businesses have to follow to prepare financial statements. A business' accountants have to use GAAP in reporting the business' everyday financial dealings, maintaining the accounting system and developing accounting policies. GAAS provides standards by which ...
While GAAS refers to the auditing standards that auditors follow to produce a reliable and transparent audit report, GAAP relates to accounting standards that companies follow when recording and reporting financial activities/events. Auditors use GAAS when reviewing the financial records of companies (tha...
We next consider the role of Enron's board of directors, audit committee, and outside attorneys and auditors. From the foregoing, we evaluate the extent to which Enron and Andersen followed the requirements of GAAP and GAAS, from ... GJ Benston,AL Hartgraves - 《Journal of Accounting & Pu...
财务of会计会计准则TheGAAPandthe财务会计GAAS 系统标签: gaapgaasfinancialreportingbasics会计 FromPLI’sCourseHandbook BasicsofAccountingforLawyers2009 #18409 1 Thebasicsofgaap,gaas,andfinancialreporting RashellYoung Consultant TheBasicsofGAAP,GAAS,andFinancialReporting ByRashellYoung,MBA,MPH GenerallyAcceptedAccou...
我主要学的ACCA；英国ACCA是IFRS；US GAAP不是很了解；美国遵循GAAP，英国遵循IFRS。要是想学IFRS可以学...
What are the differences between GAAP and GAAS? Explain the issue with LIFO as it relates to i-GAAP. Discuss its long-term ramifications if i-GAAP is implemented here in the United States of America. Describe in detail the IFRS hierarchy. ...
Accounting for Foreign Loans: The Gaping Gaps in GAAP and GAAS By ben graham's stan-dards, Pfizer, Forbes' Company of the Year (Jan. 11). is no bargain. It recently traded at 60 times estimated 1998 earnings and 16 tim... A Briloff 被引量: 0发表: 1988年 Filling Gaps: Why Consist...
In the practice of accounting, the predominant factor affecting a Certified Public Accountants'(" CPA") liability for malpractice is the performance that was rendered. Since the law of negligence is premised on the concept that a duty of care is imposed uponHagen, Willis W. II...
GAAP (Generally Accepted Accounting Principles) seeACCOUNTING CONCEPTS. Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson GAAP (pronounced “gap”) Generally accepted accounting principles declared by the Financial Account...