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What is GAAP?

GAAP (Generally Accepted Accounting Principles) establishes a consistency between accountants for preparing financial statements so that users can be assured that the documents they are reading and comparing are created with uniformity. When auditing the principles of GAAS (Generally Accepted Auditing Standards) are applied. Who ever thought that accountants would need GAAS to check their GAAP! The Accounting and Payroll program at ABM College begins next week! Accounting and Payroll personnel are in great demand throughout Canada. Be it a public organization or a private one, the vast majority of Canadian companies require accounting and payroll personnel for day-to-day financial practices. If you are detail-oriented and diligent, this could be just the field for you! Enroll in this 51-week program today!

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