As the auditors make clear every year, they do not examine the Fed’s books according to Generally Accepted Accounting Principles, but instead follow rules devised by the Fed. To our particular point, ...

In addition to coursework in accounting principles, theories and practice, students will study business law, finance, management and economics. Related skills are developed through the study of ...

Most companies in other countries, however, do not use the standards as determined by FASB but rather use the accounting principles issued by the International Accounting Standards (IAS).

There are a series of accounting principles that companies must adhere to in their financial accounting. Publicly traded companies in the United States must follow the generally accepted ...