Explain why these concepts are important for financial accounting

Explain why these concepts are important for financial accounting….

Explain why these concepts are important for financial accounting.

  • Generally Accepted Accounting Principles (US GAAP);
  • Financial Accounting Standards Board (FASB);
  • Securities and Exchange Commission (SEC);
  • Certified Public Accountant (CPA)
  • Annual Report
  • 10-K 

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