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pingleware / bestbooks

BestBooks (TM), an open-source accounting framework
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BestBooks and GAAP #6

Open pingleware opened 1 year ago

pingleware commented 1 year ago

There are discussions that whether an accounting system can be GAAP-compliant with many resolutions leading in descent, but if the accounting platform follows the FASB codification, then the accounting system can be GAAP-compliant, and you will make your auditor job easier. See https://asc.fasb.org/

pingleware commented 1 year ago

U.S. GAAP Codification of Accounting Standards - https://accountinginfo.com/financial-accounting-standards/asc-codification-index.htm

pingleware commented 1 year ago

FASB Quick Reference Guide - https://guides.newman.baruch.cuny.edu/ld.php?content_id=58687709

pingleware commented 1 year ago

FASB Accounting Standards Codification and Additional Resources - https://guides.newman.baruch.cuny.edu/FASBCodificationFall2020