التفاصيل البيبلوغرافية
| العنوان: |
Tailoring GAAP for Small Business A Framework -- Seeking Flexibility Outside of GAAP. |
| المؤلفون: |
Katz, Andrew L.1 |
| المصدر: |
California Management Review. Fall83, Vol. 26 Issue 1, p178-183. 6p. |
| مصطلحات موضوعية: |
*SMALL business accounting, *ACCOUNTING standards, *ACCOUNTING, *ACCOUNTING laws, *ACCOUNTING firms, *FINANCIAL performance, *BUSINESS finance, *FINANCIAL statements, *CORPORATION reports |
| الشركة/الكيان: |
FINANCIAL Accounting Standards Board |
| مستخلص: |
The article discusses how small businesses should deal with Generally Accepted Accounting Practices (GAAP) and how they are affected by preparation costs. The article describes how the Financial Accounting Standards Board (FASB) views financial statement requirements and discusses whether small firms can fairly be held to the same standards as larger firms. The article names 'standards overload' as a side effect from FASB requirements, stating that they are mostly relevant for larger firms but that smaller firms feel the pressure as well. The article states that small firms sometimes must hire outside accountants to compile financial statements because the GAAP requirements are too complex. |
| قاعدة البيانات: |
Business Source Index |
Full Text Finder