GENERALLY ACCEPTED ACCOUNTING PRINCIPLES
A widely accepted set of rules, concepts and principles referred to as the GAAP governs the application of accounting procedures. The current set of principles that accountants use rests upon some underlying assumptions, The basic assumptions and principles are considered GAP and apply to most financial statements. In addition to these concepts, there are other, more technical standards accountants must follow when preparing financial statements.
the accounting standard used in the Philippines are the Philippine Accounting Standards (PAS) and Philippine financial Reporting standards Committee (FRSC)
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ABM (BASIC ACCOUNTING)
Non-FictionAbout po ito sa accounting, halata naman sa title eh. Para sa mga tulad kong ABM students, na gusto mag advance study o naghahanap ng assignment. The content here ay lahat FACT. Kung ayaw maniwala, free naman po kayong magsearch sa iba eh.. Yun lang.
