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Essay

General Accepted Accounting Principles

Essay specific features

 

Issue:

Business

 

Written by:

Nicholas H

 

Date added:

June 18, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 926

 

Was viewed:

6967 times

 

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Essay content:

APB issued 31 Opinions from 1959 to 1973 and those Opinions created GAAP. I think GAAP is interesting due to how many companies think they can get away with financial dealings but get caught. I also think that GAAP is a system that really needs a good looking at and maybe an overhaul. Some people say the GAAP is dead and should be shelved but I'm interested if they will follow the international GAAP or create a new system...
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Some people say the GAAP is dead and should be shelved but I'm interested if they will follow the international GAAP or create a new system. Accounting Principles 1 GENERAL ACCEPTED ACCOUNTING PRINCIPLES Prior to the 1930s, general accepted accounting principles (GAAP) were developed through common usage...
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General issues of this essay:
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