Generally accepted accounting principles (GAAP) comprise all the financial accounting standards, rules, and regulations that must be observed in the preparation of financial reports.相关知识点: 试题来源: 解析 公认会计原则(GAAP)包括在编制财务报告时必须遵守的所有财务会计准则、规则和条例。
英文分别是“Financial Statements”和“Financial Reporting”。 下图是US GAAP对二者关系的阐释图。 这张图来自美国会计准则委员会(FASB)1984年发布的SFAC No.5 (Statement of Financial Accounting Concepts No. 5)。注意图中上下红色框框对应的,分别是“财务报告”和“财务报表”的范围。 “财务报表”,通俗的解释...
GAAP stands for generally accepted accounting principles, which are the generally accepted standards for financial reporting in the United States. IFRS stands for International Financial Reporting Standards, which are a set of internationally accepted accounting standards used by most of the world’s coun...
打个通俗易懂的比方：——GAAP（“Generally Accepted Accounting Principles” in USA），就像一个标准化...
Chapter 1-1 Importance of Accounting and GAAP(下)。听TED演讲,看国内、国际名校好课,就在网易公开课
And, if you change accounting policy or correct material errors, you even need to present three statements of financial position, including the one as at the beginning of the earliest comparative period. Not under US GAAP. In general, US GAAP does not require presenting comparative information, ...
Chapter 1-1 Importance of Accounting and GAAP 中国和世界紧密连在一起,越来越多的中国企业走出国门对外投资、经营等,也有众多外国企业到中国来寻求商机,而会计作为经济警察和商业语言,提供对决策者有用的信息是其使命,在国际化的过程更加需要既懂会计又懂英
GAAP may be contrasted with pro forma accounting, a non-GAAP financial reporting method. GAAP is used mainly in the U.S., while most other countries follow the international financial reporting standards (IFRS). GAAP is also used by states and other government entities in the U.S. to prepar...
Accrual accounting requires companies to record sales at the time in which they occur. Unlike the cash basis method, the timing of actual payments is not important. If a company sells an item to a customer through a credit account, where payment is delayed for a short term (less than a y...
A company prepares its financial statements in accordance with U.S. GAAP (generally accepted accounting principles). It expected to be the sole supplier for a state-wide school milk program and had production facilities valued at 28.4 million. Recently several other companies were also granted milk...