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In the technique known as shadowing,a research participant repeats back:
GAAP
Generally Accepted Accounting Principles, the standard framework of guidelines for financial accounting used in any given jurisdiction.
IFRS
International Financial Reporting Standards, a set of accounting rules and standards that define how transactions and other accounting events should be reported in financial statements. They are designed to be globally consistent to enhance international comparability and quality of financial statements.
Cash Flow Reporting
A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, breaking the analysis down to operating, investing, and financing activities.
Interest Paid
The amount paid over a period for the use of borrowed funds, typically expressed as an annual percentage of the loan amount.
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