Regarding GAAP and accrual vs. cash basis accounting. Which method is the most reliable financial results? Why?
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Regarding GAAP and accrual vs. cash basis accounting. Which method is the most reliable financial results? Why?
Which method will provides the most reliable financial results?
Accrual basis is required for publicly traded corporations. Should accrual basis be the only acceptable method? Can you think of a type of company that could achieve reliable financial statements using cash basis?
Related Book For
Auditing and Assurance services an integrated approach
ISBN: 978-0133125689
15th edition
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
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