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GAAP Principles
๐ Did you know not all businesses are required to follow GAAP?
โ
Privately held companies may choose GAAP, but itโs not mandatory.
๐ Publicly traded companies, government entities, regulated industries, and organizations receiving federal funding must follow GAAP.
Need clarity on your reporting requirements? Letโs make your books balanced and stress-free.
๐ www.nicolesbalancedbooks.net
๐ง nicole@nicolesbalancedbooks.net
Dec 11, 20250 min read
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