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Blakksheep33 Blakksheep33
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A year ago
One of the bases other than GAAP or IFRS is the Financial reporting framework for small- and medium-sized businesses. This basis

▸ has not yet been approved by the AICPA.

▸ is the same as the income tax basis.

▸ draws upon a blend of traditional accounting principles and accrual income tax methods of accounting.

▸ must be used by a business with sales under $1 million.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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micp3537micp3537
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A year ago
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Blakksheep33 Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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This helped my grade so much Perfect
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Correct Slight Smile TY
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