Her expertise is in personal finance and investing, and real estate. Accounting principles, such as GAAP or IFRS, are standards set by regulatory bodies that public companies must adhere to for ...

If you aren't a publicly traded company, following GAAP standards may not be necessary. However, all businesses should be familiar with these five basic accounting principles: International Financial ...

There are differences between how the U.S. Generally Accepted Accounting Principles (GAAP) and the International Financial ...