What body has the primary responsibility for establishing GAAP in the United States?


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What body has the primary responsibility for establishing GAAP in the United States? 1 answer below ยป 1. Is there a global GAAP (generally accepted accounting principles)? Explain your answer. 2. What body has the primary responsibility for establishing GAAP in the United States? 3. Distinguish between elements of financial statements and accounts. 4. What is the most basic form of the accounting equation? 5. What role do assets play in business profitability? 6. To whom do the assets of a business belong? Jul 24 2014 07:51 AM

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