GAAP: What It Is and Why Your Investors Expect It
inDinero Accounting
JUNE 29, 2023
Accrual Accounting is a vital component of Generally Accepted Accounting Principles (GAAP). It is like a complex machine, with many parts that must work together to create an effective system. GAAP is not the same as accrual accounting, but accrual accounting is required for GAAP.
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