Enter your cell quantity or electronic mail handle under and we’ll ship you a link to obtain the free Kindle App. Monetary reporting should provide details about the financial sources of an enterprise; the claims to these sources (obligations); and the consequences of transactions, events, and circumstances that cause adjustments in sources and claims to these assets.
Viewing this definition from an epistemological perspective, one might argue that the article of study shouldn’t be properly defined, the methodology (truth standards) isn’t identified, and the aim of accounting research is poorly delimited.
As HENDRIKSEN (1982) points out, if we want to evaluate current accounting practices, it could be mandatory to start out identifying the procedures and rules utilized in the accounting apply, and from that attempt to establish common presuppositions and theories.
Accounting Services: chargeable for accumulating and offering dependable and comparable information as to the fiscal affairs of the College within the tips established by the College, Board of Regents, State of Georgia and other Federal and State companies, together with the Government Accounting Standards Board (GASB).
Our Financial Accounting Companies practice contains of a dedicated staff providing accounting and monetary reporting recommendation and assist to member corporations audit and non-audit shoppers on a wide range of transactions and occasions, including adherence to new or revised accounting standards and efficient management of the monetary reporting processes.