Tax Accountant Definition, Duties, Qualifications, & Costs
For example, the balance sheet reports assets and liabilities while the income statement reports revenues and expenses. Financial accounting is governed by accounting rules and regulations such as U.S. GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial Reporting Standards). How to Become a Tax Accountant However, the inherent https://www.bookstime.com/ assumption within US GAAP is […]