What is the matching principle?

However, about one third of private companies choose to comply with these standards to provide transparency. GAAP prioritizes rules and detailed guidelines, while the IFRS provides general principles to follow. Accountants following the IFRS may interpret the...

What is the matching principle?

However, about one third of private companies choose to comply with these standards to provide transparency. GAAP prioritizes rules and detailed guidelines, while the IFRS provides general principles to follow. Accountants following the IFRS may interpret the...