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What are Generally Accepted Accounting Principles (GAAP)

GAAP incorporates three components that eliminate misleading accounting and financial reporting practices: 10 accounting principles, FASB rules and standards, and … See more

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URL: https://www.accounting.com/resources/gaap/

Basic Accounting- Terminology & Definitions

WEBAccounting is the process of tracking and recording financial activity. People and businesses use the principles of accounting to assess their financial health and …

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What Can You Do With an Associate Degree in Accounting

WEBAccounting assistant. You'll work with either a specific accountant or as part of a larger accounting department. Tasks will depend on who you work for. As an …

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Financial Accounting Degree Guide

WEBFinancial accounting is a branch of accounting focused on the external reporting of a private or public organization's financial information. Students who opt for …

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Accounting Career Outlook Accounting.com

WEBLicensure can dramatically impact earning potential. Payscale data from April 2022 cited average base salaries of $98,000 per year for CPAs and $101,000 per year …

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Accounting Degree Program Rankings

WEBEarning a bachelor's degree in accounting provides the foundation you need to earn a certification or license in accounting. Prospective certified public accountants …

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Resources for Accounting Professionals Accounting.com

WEBAccounting.com is committed to delivering content that is objective and actionable. To that end, we have built a network of industry professionals across higher …

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The differences between Finance and Accounting

WEBEducation Requirements and Skills. Accounting majors often take finance classes, and finance majors usually take accounting classes. However, prospective …

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What Does a Financial Analyst Do

WEBA financial analyst gathers financial data, assesses their findings, and makes projections about economic opportunities. They monitor external financial trends, create …

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Accounting Degree Programs in Illinois

WEBIndependent Accountants Association of Illinois: Established in 1949, the IAAI represents the state's independent accounting and tax professionals. The …

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How to Do Taxes: A Step by Step Guide Accounting.com

WEBIRS. Taxpayers can file their taxes with the IRS using a paper form 1040. The IRS also allows taxpayers to file their taxes electronically through partnered websites. If …

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Compliance Officer Qualifications Accounting.com

WEBRequired Experience for a Compliance Officer. In addition to their education, compliance officers may need relevant experience for employment. These professionals …

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What Does an Internal Auditor Do

WEBAn internal auditor's job description usually includes the following responsibilities. Financial Record Examination: Internal auditors carefully examine a …

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Accounting Manager Job Description Accounting.com

WEBAccounting Manager Career Outlook and Salary. The Bureau of Labor Statistics (BLS) projects accounting jobs will grow 7% from 2020 to 2030. Payscale …

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Cost Accountant Jobs Accounting.com

WEBCost Accountant Job Outlook and Salary. As the economy continues globalizing, organizations will have a greater need for cost accountants. The Bureau of …

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How to Become a Financial Manager Accounting.com

WEBEarn a bachelor's degree. The first step towards a finance management career is a college degree in finance, business, economics, or a related discipline. A four …

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What Does a Compliance Officer Do

WEBCompliance officers make sure companies and organizations operate in full compliance with legal regulations and industry-specific guidelines. They also monitor …

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Financial Manager Career Overview Accounting.com

WEBFinancial managers play a significant role in businesses and organizations. They monitor companies' financial health, analyze data, keep cash flow records, and …

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External Auditor Career Overview Accounting.com

WEBThe U.S. Bureau of Labor Statistics (BLS) projects accountant and auditor jobs to grow 7% between 2020 and 2030. The BLS also reports the median annual …

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