GAAP
GAAP is a set of standardized accounting rules, principles, and procedures used in the U.S. to ensure consistency, transparency, and comparability in financial reporting. GAAP governs how financial statements are prepared and is enforced by regulatory bodies like the SEC and guided by the FASB.
More Items
Gain on Sale of Asset
Gain on Sale of Asset refers to the profit realised when a fixed asset is sold for more than its…
Green Accounting
Green accounting, or environmental accounting, integrates environmental costs into financial reporting. It tracks expenses and benefits related to sustainable practices,…
Gratuity
Gratuity is a statutory payment made by employers to employees as a reward for long-term service. It is typically paid…
This website uses cookies to improve your experience. You can accept all or reject non-essential cookies.