GAAP Simplified: Your Practical Guide To Successful Accounting & Reporting

Some of the most recent changes to GAAP include new revenue recognition and lease accounting rules. Financial statements that are prepared according to GAAP are expected to comply with a number of essential principles. Chief among them is the concept of accrual, which is assigning revenue and expense values to the time periods in which […]

GAAP Simplified: Your Practical Guide To Successful Accounting & Reporting Read More »