GAAP - Generally Accepted Accounting Principles

In this mini-series, contributing author, Rob Shaff, demystifies the various leases that businesses enter into, which are all too often improperly reported. We will also look at reporting changes announced by the Financial Accounting Standards Board. more

Aug 8, 2016 10:44 PM People and Business

A reader recently wrote in asking if someone could explain reconciliation between net income and cash flow from operations. Rob's explanation was so thorough that I thought it was best published as 'an article' than simply a commentary. more

Aug 2, 2016 12:05 AM General Ledger 1 Comments

Generally Accepted Accounting Principles should always be considered, since at some level, they are universal to recording accounting transactions and preparing financial statements. more

May 23, 2016 10:00 PM General Ledger 1 Comments

Is IFRS in Your Global Future?

With the increasing rise in the International Financial Reporting Standards we cannot remain aloof in the belief that our current accounting standards and software are going to be sufficient for future purposes. more

Aug 14, 2013 12:15 AM From The Editor 1 Comments

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