In order to confirm that the financial statements are easy to understand, rules and practices known as generally accepted accounting principles (GAAP) have been established. It was developed to provide basic guidelines for accounting rules. There are many variations in the meaning, so here is the best answer. Accounting practice needs to be defined in general accepted accounting rules and procedures. Basically it is a series of theories that accountants will accept, as with other research areas, there are always controversies in several ways between accountants. Accounting is constantly growing discipline and it changes as it is a good idea to keep all of the trends that are going to be up to date. Since management prepares the company's financial statements, it is possible to change the financial statements to give the company a specific boost. That is why you need to obtain financial statements audited by certified public accountants Companies that sell public ownership.Certified accountants (certified public accountants) are licensed through sat for attorneys and doctors of the same exact reason for the same reason , So the reason why a certified accountant of possible professional services is used is because they are not connected with the company and are independent. They have zero funding relationship with the company. Several companies hiring a lot of certified public accountants include Deloitte & Touch http: //www.deloitte.com, KPMG http://www.us.kpmg.com/index.asp Pricewaterhouse Cooper http://www.pwcglobal.com/. Accountants with attached or independent character strings generally perform audits that are evaluating the company's financial statements, products, accounting systems, and records . The main purpose of the audit is to confirm that the financial statements are properly prepared according to the excluded accounting rules. Please note; since accounting is not an accurate science, there is room for interpretation according to GAPP. However, it is necessary for the accountant's report to contain substantial errors in the financial report, but for more such reports most accountants, financial statements comply with GAAP guidelines You can only decide if you have one. In past creditors, banks, and investors tend to prefer auditors when they are investing in the company and deciding to give loans for their independence Individualist audits are conducted by international Indeed it is a very important factor in the growth of financial markets. Also, many organizations can directly or indirectly affect GAAP. Financial Accounting Standards Council (FASB) http://www.fasb.org/ This is the most important institution for developing and issuing rules on accounting practices. Participate in the seminar when it is extremely important to mention that the online is also a rule of the global - standard. This independent institution issues statements of Financial Accounting Standards. Next, the American Association of Certified Public Accountants (AICPA) http://www.aicpa.org/index.htm is an official professional association for certified accountants. This is the largest CPA organization that exists in the United States and heavily influences accounting practices through its senior committee. The Securities and Exchange Commission is a federal government agency that has the power to implement accounting practices for companies that legally set up and sell security to the public, which in turn is based on Government Accounting Standards (GASB) http://www.gasb.org/ Its main work is important for accounting as it is to issue accounting standards to the municipalities and provincial governments of the United States. However, many of these organizations are focusing on US regulatory rules. Since many companies and accountants are international reasons, the International Accounting Standards Council http://www.iasb.org/ (IASB) was formed. It was approved by 25 international organizations. US law to analyze the revenue of the cost to operate the business can also affect accounting practices. It will be income tax from the government for the benefit for this unwilling major provider. Income tax rules are heavily applied by the Internal Revenue Service (IRS) http://www.irs.gov/. Sometimes these rules are incompatible with actually accepted accounting rules. Many of the companies are using accounting practices, as it is a requirement by tax laws. Also, companies can financially use the rules of tax law advantageously for themselves. Accounting also has laws of acts for professionals, and one very important thing is ethics.
A nice website dealing with ethical issues is http://www.ethics.org/.
It is based on questions that help to determine if something is right or wrong, based on moral decisions. Most people face several ethical issues everyday, and some ethical activities may be in the scope of illegality. If your business decides to buy customers by using fake or misleading ads or giving them testimonials for specific products it or that will always perform a background check of the person you are hiring As it is a reason to recommend it, it is a guideline that applies online or off-line professional ethics to the individual's behavior in a specific occupation. As with the ethical behavior of the company, ethical behavior of individuals is a decision. As a member of the organization, accountants should take responsibility not only to customers and employers, but also to the general public, to act in the highest possible ethical way, Because it is the second specialized group as having, the accountant is very good at obeying professional ethics. It is important for individuals who decided to become an accountant who possesses the highest level of professionalism as much as possible. In order to force that authoritative member to comply with the rules, AICPA along with each state must be followed by some certified public accountant professional acts, some simple rules of creditors, investors, etc. We are responsible for those who rely on the trust of the accountants. When working with people accountants are honest, individuals must act with integrity, meaning to get from a visit with an accountant. Accountants must show objectivity that means they are intelligently honest, and they will damage the principles of the accountant, so they are business or
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