Did you know that, prior to the global AICPA initiatives, each country had its own version of
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Did you know that, prior to the global AICPA initiatives, each country had its own version of accounting guidelines. Some were similar to US Generally Accepted Accounting Principles (GAAP) and some were very different. Even now, not all countries align with international standards, and some align only enough to harmonize with international guidelines. It is still a work in progress - even for the US! What challenges can you imagine this creates for global commerce?
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Accounting for Governmental and Nonprofit Entities
ISBN: 978-1259917059
18th edition
Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely
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