Measurement: It measures the efficiency on the business in past times. Also, it discloses its economic placement in the current circumstance. The Financial Accounting Requirements Board, an independent Corporation recognized from the federal authorities, set up a list of criteria identified as commonly accepted accounting concepts, or GAAP, that publicly https://pmaccounting26047.bloguetechno.com/the-fact-about-accounting-that-no-one-is-suggesting-67516996