Public companies in the U.S. are required to adhere to the generally accepted accounting principles (GAAP)—accounting standards set forth by the Financial Accounting Standards Board (FASB).

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Accounting involves the meticulous recording of all financial transactions within a company, and it holds significant importance for internal control, management, legal compliance, and tax obligations ...

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This module introduces the main concepts and techniques employed by management accountants, and how management accounting fits within the context of the accounting field and in the work place. You ...

form generally accepted accounting principles (GAAP). There are significant differences between GAAP (used in the U.S.) and international accounting standards. Companies in the U.S. can use the ...