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ACC 421 Wk 1 Discussion – GAAP

ACC 421 Wk 1 Discussion – GAAP

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

Due Thursday

Respond to the following in a minimum of 175 words:

Discuss “generally accepted accounting principles,” or GAAP. How do accounting principles become “generally accepted,” and how are accountants made aware of these principles? What are the negative consequences, if any, that an account can expect who fails to follow GAAP?

Due Monday

Reply to at least two of your classmates. Be constructive and professional in your responses.

You will get a DOC (33KB) file

$ 2.00

$ 2.00

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