Post Reply 
 
Thread Rating:
  • 0 Votes - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Generally Unacceptable Accounting Principles
08-27-2009, 06:16 PM
Post: #1
Generally Unacceptable Accounting Principles
The article on the following link identifies some of the weaknesses of US-GAAP(Generally Acceptable Accounting Principles) and also questions the effectiveness of IFRS.
http//www.accountingweb.com/topic/tax/big-8-generally-unacceptable-accounting-principles-guap-and-introduction-socially-responsi

The US-SEC has announced that a mandatory two year dual-reporting period would begin for most companies in 2012, with IFRS only required by 2014.
Visit this user's website Find all posts by this user
Quote this message in a reply
Post Reply 


Forum Jump:


User(s) browsing this thread: 1 Guest(s)