Remove Accruals Remove Cost Accounting Remove Financial Records
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Common Accounting Mistakes: Government Edition - Issue #11 What is GAAP?

SMB Accounting and Consulting

Many small business government contractors are exempt from complying with cost accounting standards (CAS) and defined by the code of federal regulations (CFR). However, compliance with generally accepted accounting principles (GAAP) is required. These should be integrated in any federal contractors accounting policies.

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Types of accounting

Accounting Tools

Forensic Accounting Those in the forensic accounting field are involved in the reconstruction of financial information when a complete set of financial records is not available. It is usually a consulting position, since few businesses require the services of a full-time forensic accountant.