Category Archives: Gaap Accounting
Public Company Accounting Oversight Board Registered Accountants
Category Gaap Accounting
All accountants, in the US and foreign, that provides audited financial statements for public companies registered with the SEC (Securities and Exchange Commission) must be registered with the Public Company Accounting Oversight Board (PCAOB), sometimes referred to as Peekaboo. The PCAOB is a private-sector, nonprofit corporation that was created by the Sarbanes-Oxley Act of 2002 [...]
Public Company Accounting Oversight Board Registered Certified Public Accountants
Category Gaap Accounting
All Certified Public Accountants (CPA’s), in the US and foreign, that provides audited financial statements for public companies registered with the SEC (Securities and Exchange Commission) must be registered with the Public Company Accounting Oversight Board (PCAOB), sometimes referred to as Peekaboo. The PCAOB is a private-sector, nonprofit corporation that was created by the Sarbanes-Oxley [...]
Quick Guide to Accounting Abbreviations
Category Gaap Accounting
When you start a business you quickly find out that you need to understand accounting terms. Whether you are dealing with your accountant, bookkeeper or doing the accounting yourself, you will encounter accounting abbreviations. Most business people have heard of “Accounts Payable” (AP) and “Accounts Receivable” (AR). But what about AJE? That stands for “Adjusting [...]
Why Financial Accounting is Important
Category Gaap Accounting
Why Financial Accounting is Important The ownership and management of business is challenging, and keeping track of finances is one of the most obvious examples of those challenges. The specialized field that handles accounting for business is called financial accounting and provides individuals who are externally linked to that business with information on a company’s [...]