ch 1 terms Flashcards by lily w | Brainscape

Q

GAAP acronym

A

Generally accepted accounting principles

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Q

IFRS acronym

A

International financial reporting standards

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Q

ASPE acronym

A

Accounting standards for private enterprises

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Q

who uses IFRS

A

public and private corps

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Q

who uses ASPE

A

proprietorships, partnerships, private corps

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