Daily Archives: July 12, 2018

Financial Accounting

Golden Rules of Accounting

One of the most famous and commonly used terms in the field of accounting and finance is “Three golden rules of accounting”. The phrase itself shows that these rules form the very basis of accounting and act as a cornerstone ...
Financial Accounting

Accounting Principles | Concepts | GAAP

Accounting Principles and Accounting Concept The basic purpose of (GAAP) Generally Accepted Accounting Principles AND Accounting concept is to deliver the financial information to the user in a prescribed, uninformed and standard format. Securities and Exchange Commission of a country ...