Find the title of GAAP Concept Statement No. 5. What is the purpose of the reporting discussed

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Find the title of GAAP Concept Statement No. 5. What is the purpose of the reporting discussed in the Concept? When was this Concept Statement last modified?

GAAP
Generally Accepted Accounting Principles (GAAP) is the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC). While the SEC previously stated that it intends to move from U.S. GAAP to the International Financial Reporting Standards (IFRS), the...
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Accounting and Auditing Research Tools and Strategies

ISBN: 978-1119441915

9th edition

Authors: Thomas Weirich, Thomas Pearson, Natalie Tatiana

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