Examen
Investment Banking Advanced Accounting Questions 2023 Update A+/Investment Banking Advanced Accounting Questions
- Cours
- Établissement
How is GAAP accounting different from tax accounting? - ANS-1. GAAP is accrualbased but tax is cash based 2. GAAP uses straight-line depreciation or a few other methods whereas tax accounting is different (accelerate depreciation) 3. GAAP is more complex What are deferred tax assets/liabiliti...
[Montrer plus]