Examlex
Objectives should be suited to the broad aims of the organization which are expressed in the statement of the company:
Chronological Order
Organizing events in the order that they occurred in time.
ASC Content
Refers to the Accounting Standards Codification content, which organizes and presents all the generally accepted accounting principles (GAAP) in the United States.
Major Pronouncement
An important statement or decision made by a regulatory authority or standard-setting body, significantly affecting accounting practices and policies.
Due Process
A principle that ensures every individual receives a fair and impartial treatment within the judicial system, also applicable in regulatory frameworks to ensure transparency and fairness.
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