(Bloomberg) It’s generally accepted that a lot of accounting isn’t, well, generally accepted.
But with more and more companies promoting bookkeeping that deviates from U.S. standards known as GAAP, for Generally Accepted Accounting Principles, the Securities and Exchange Commission is warning about getting too creative.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access