Accounting
If all businesses used their own system of accounting, or indeed no system at all, there would be no way to tell which companies are profitable and which are not. Because of this most businesses now use a common set of accounting principles, which are called generally accepted accounting principles, or GAAP for short. Unless a company states otherwise, anyone reading a financial statement can make the assumption that company has used GAAP. If GAAP are not the principles used for preparing financial statements, then...
Financie, poisťovníctvo, účtovníctvo
