The FASB and AICPA are considering the addition of baby GAAP for private companies. Take a position

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The FASB and AICPA are considering the addition of “baby GAAP” for private companies. Take a position and argue why two GAAPs should or should not exist?

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Accounting Theory Conceptual Issues in a Political and Economic Environment

ISBN: 978-1483375021

9th edition

Authors: Harry I. Wolk, James L. Dodd, John J. Rozycki

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Question Posted: Oct 05, 2018 06:25 AM

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The FASB and AICPA are considering the addition of baby GAAP for private companies. Take a position

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Baby GAAP is essentially a more simple GAAP for private companies The ...View the full answer

Accounting Theory Conceptual Issues in a Political and Economic Environment

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