Posts By Ann R

Difference between GAAP and ASPE

, , No Comment

Generally Accepted Accounting Principles, also abbreviated as GAAP are guidelines and accounting principles used by most companies based in the US. These foundational principles usually help the owners of small businesses in the US to&hellip

Read Post →

Difference between GAAP and FASB

, , No Comment

When a brand of new accounting standards were set by IASB, several countries adopted these standards before they fit in their country’s accounting standards. In turn, these standards as set by the particular accounting standard&hellip

Read Post →

An Interview with Deborah Sheldon

Difference between Gaap And Accrual

, , No Comment

Accrual accounting In the accrual system of accounting, revenue is recorded after the completion of specified work and not when cash is received. This means that revenue is recorded when earned even though the customer&hellip

Read Post →

Difference between CIMA and ACMA

, , No Comment

The significance of management accounting has in the past few decades increased since it offers crucial information which is crucial for purposes of decision making. Management accounting plays a crucial role in the success of&hellip

Read Post →