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Financial Accounting
Financial Accounting
Answer 1
GAAP stands for “Generally Accepted Accounting Principles.”
Answer 2
There is no such thing as international GAAP. Most of the countries have their own GAAP.
Answer 3
There is no such thing as international GAAP. Most of the countries have their own GAAP.
Answer 4
No
Answer 5
IFRS is issued by International Accounting Standards Board (IASB). This body is headquartered in London UK.
Answer 6
UK FRS is issued by UK Accounting Standards Board.
Answer 7
US FAS is issued by FASB (Financial Accounting Standards Board).
Answer 8
Private Limited
Answer 9
Private Limited Companies
Answer 10
£5.6 million or less
Answer 11
SOX
Answer 12
SOX stands for “Sarbanes-Oxley Act.” The Sarbanes Oxley Act, passed by ...
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