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Act

Act

by Rokeya Begum Jimi -
Number of replies: 0

GAAP means Generally Accepted Accounting Principles. It is the common Principles, Standards procedures that companies use to compile their financial statements. GAAP is a combination of authoritative standards and simply the commonly accepted ways of recording and reporting accounting info.suppose if an investor wants to invest money in a company, SO the investor Will check their revenue & provided info. to make the decision for this reason GAAP is the primary objective of  financial accounting