Who benefits the most from accounting regulation? Why
Chapter1: Financial Statements And Business Decisions
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Who benefits the most from accounting regulation? Why?
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Accounting Regulations means the accounting laws, statutes, regulations, rules, standards and systems promulgated by any Governmental Authority.
In United States, the Generally Accepted Accounting Principles (GAAP) were developed as the guideline for accounting . GAAP is a set of accounting rules and standards used for financial reporting. These are the basic rules that companies and their accountants must follow when creating financial statements.
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