ACC 497 Week 1, Discussion Question 2

May 1st, 2015
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ACC 497 Week 1, Discussion Question 2

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Week 1, Discussion Question 2What are Generally Accepted Accounting Principles (GAAP)? How do GAAP affect financial reporting? How might GAAP need to change to accommodate todays dynamic business environment?The GAAP is the accounting rules used to prepare or standardize the reports of finan

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