Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Insurance Forums
Generally accepted accounting principles (GAAP)
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Jasz, post: 253861, member: 61772"] Generally accepted accounting principles, or GAAP, is a set of guidelines that governs how companies report their financial results. It's important to note that these guidelines are not the same as accounting standards, which are generally more detailed and rigorous. GAAP gives companies a way to compare their financial results across time and regions. For example, if a company's subsidiary in another country begins making less money than expected because of poor economic conditions in that region, GAAP will help them determine whether there is any impact on the overall financial performance of the parent company. This helps companies make decisions about how much money they should spend on advertising and other marketing efforts, and how much they should invest in new technology or research & development. Also, generally accepted accounting principles are used in insurance to ensure that the financial statements of an insurance company accurately reflect its financial position. This is important because it allows the company to be transparent with its investors, which helps them make informed decisions about whether or not to invest in the company. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Insurance Forums
Generally accepted accounting principles (GAAP)
Top