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Business Reference Guide

Accounting Applications, Systems & Methodologies

by The Editors of Salem Press(ed.)

This volume starts with a diagram of essential bookkeeping standards and how they relate to the powerful managementof a partnership or business. As indicated by the writer, “Keeping up sound bookkeeping standards will help toensure that the association is well-run and productive.” The paper additionally focuses on the significance of going along withthe Sarbanes-Oxley Act, which Carolyn Sprague and Seth M. Azria investigate in more prominent detail. The impacts of federalaccounting commands, the Securities and Exchange Commission, and the present status of the for the most part acceptedaccounting standards (GAAP) are among the themes examined. Marie Gould then extends the extent of the volume byexploring the effect that the International Accounting Standards Board has had on globalized money related accounting.Simone I. Flynn contributes with a breakdown of the standards created by the International Financial ReportingStandards Board and the current worldwide push for uniform monetary revealing techniques crosswise over countries.

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