Most investors and all banks expect to be provided financial statements that meet the rules of?

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25-07-2022
Business

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Most investors and all banks expect to be provided financial statements that meet the rules of?

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Parrain Parrain · Answer 1 · 2022-08-05T18:21:27+02:00

The financial statements that most investors and all banks expect to get are those that meet the rules of the Generally Accepted Accounting Principles or GAAP

What is Generally Accepted Accounting Principles?

This refers to the guidelines to financial reporting that are accepted in the United States.

Investors would often want companies that they invest in to give financial statements according to GAAP while all banks will expect it in order to properly analyze it based on the U.S. market.

Find out more on the Generally Accepted Accounting Principles at https://brainly.com/question/20693144

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