InvestorsHub Logo
Followers 17
Posts 2003
Boards Moderated 1
Alias Born 09/27/2020

Re: leslunier post# 3558

Sunday, 09/26/2021 2:41:09 PM

Sunday, September 26, 2021 2:41:09 PM

Post# of 20525
Sorry to hear you don't agree with Generally Accepted Accounting Principles (GAAP). Nothing deceiving about reporting using accepted practices and certified by both CEO and CFO and reviewed by the company's auditing firm.

Generally Accepted Accounting Principles (GAAP or US GAAP) are a collection of commonly-followed accounting rules and standards for financial reporting. The specifications of GAAP, which is the standard adopted by the U.S. Securities and Exchange Commission (SEC), include definitions of concepts and principles, as well as industry-specific rules. The purpose of GAAP is to ensure that financial reporting is transparent and consistent from one organization to another.

https://www.cfainstitute.org/en/advocacy/issues/gaap