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Construction Accounting Concepts You Can Benefit From Today

Randal DeHart

We'll discuss how these principles can help you keep track of financial transactions, create accurate financial statements, and make informed decisions for your business. Why Are Accounting Principles Important for Construction Businesses? Accounting principles are the foundation for any successful business.

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Overview of Cost Accounting Standards (CAS) for Government Contractors

Cherry Bekaert

Generally Accepted Accounting Principles (GAAP) : GAAP is a set of accounting standards used by companies in the United States. These standards are designed to ensure that financial statements are consistent, transparent and comparable.