Looking for resource materials to enhance your understanding of generally accepted accounting principles? Use this GAAP guide as quick reference tool. However, the SEC is moving toward the adoption of the IFRS principles; hence, one should keep an open mind that some rules are about to change.
Accounting & Business Finance
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Lost on assets and liabilities? Actress Mae West once said, “Brains are an asset to the woman in love who’s smart enough to hide ‘em.” While you don’t want to hide your assets or liabilities on your balance sheet, this quiz will test your knowledge on how well you know the difference.
The maximum price consumers are willing to pay for certain goods or services defines their level of satisfaction and the demand for these goods or services. To understand what the consumer surplus is, the characteristics of consumer behavior and the characteristics of the market should be addressed.
Every day somewhere in the world a fraudulent crime is committed. This white collar crime is very prevalent in today’s world. The article will explore the three main types of fraud, what they entail and some famous cases.