Accounting Principles

Editora:

Paolo Armando Silvagni

Código:

491_9781801200516

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Do you know that your business deserve bookeeping including the n1 tax management strategy to save money and fiscal tactics to grow your leadership in the marketplace? Accounting principles are those regulations set as they are needed to create more cohesive accounting techniques. Regulations generally build over time. As regulators find the need for new accounting principles to be implemented, they are introduced. However, as the need for regulations determines which regulations are put into place, not all accounting principles are the same. The principles of accounting discussed in this book will be the generally accepted accounting principles (GAAP) of the United States. While this book may teach the fundamentals of accounting, youll want to learn the rules and regulations in other countries before conducting business there. Even though there is an International Accounting Standards Board (IASB) that exists at the global level, there is not yet a set of accounting principles accepted worldwide. In the United States, youll find that there are three elements of accounting principles. The first is the basic rules and guidelines. By understanding these basic principles, you can have a scope of what is expected when reporting financials. The second part of accounting principles is general industry practices, which are the way that the accounting guidelines should be applied to real accounting practices. Finally, consideration must be given to the detailed rules that have been issued by authorities including the Accounting Principles Board (APB) and Financial Accounting Standards Board (FASB).This book covers the following topics:· 7- relationship between revenues and expenses· Detecting and preventing fraud· The n1 tax management strategy to save money· Different types of acco

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