Examlex
List three different causes of cirrhosis found in the United States.
Accounting Principles
The standardized rules and guidelines under which financial statements are prepared, widely known as Generally Accepted Accounting Principles (GAAP).
Financial Covenants
Conditions set by lenders in loan agreements that the borrower must adhere to, designed to maintain the borrower's financial stability and safeguard the loan repayment.
Accounting Changes
Adjustments made to the accounting methods, estimates, or reporting entities of a firm, which must be disclosed to stakeholders to ensure transparency.
Discretionary Accruals
Accounting adjustments made by management's judgment, often to smooth out earnings or manipulate financial statements.
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