Business Accounting

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Forensic Accounting

Forensic accountants often work closely with law enforcement agencies, lawyers, and business owners. They are expected to maintain a high level of confidentiality, accuracy, and attention to detail. They must...
Accounting Models

GAAP Accounting

Generally Accepted Accounting Principles (GAAP) refer to a common set of accounting rules, standards, and procedures mandated by the Financial Accounting Standards Board (FASB) that companies and organizations follow when...
Business News

Accrual Accounting

To implement this principle effectively, accountants use adjusting entries to record events that have occurred but are not yet recorded in the accounts before financial statements are prepared. This could...

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