In 130 Character or more explain the difference between GAAP and AICPA's GAAS. Give me your...

Question

Question

In 130 Character or more explain the difference between GAAP and AICPA's GAAS. Give me your opinion on why or why not these are necessary.

business accounting

Answer 1

Answer #1

The difference between GAAP and was is that GAAP tries to have some Standards while GMAS is more of the framework GAAP - wowd

Answer 2

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