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OPERS is the largest public pension fund in Ohio and the 11th-largest public pension fund in the United States. OPERS provides retirement, disability and …
How do I know if I prepare my financial statements in accordance with GAAP (Generally Accepted Accounting Principles)?
A:
The GASB defines a GAAP basis of accounting as full accrual. Your entity may report under GAAP if you record journal entries in your financial statements for purchases initiated before...
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