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The Principles of US GAAP

Chase Pittman pointed out that, there are several principles that govern US GAAP. In order to avoid the pitfalls associated with the use of GAAP, companies must follow a set of rules that are consiste

The Formula for the Comprehensive Income Statement

According to Chase Pittman, the "SI" is one of the four key financial documents that a company delivers to its clients.  There are no tax or equity changes in this financial statement, so it simply in

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