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GAAP
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8:09
YouTube
FinePoints
Bookkeepers: G.A.A.P. explained simply (generally accepted accounting principles)
Generally accepted accounting principles (GAAP) seem confusing, but in this video I break them down and let you know how they relate to your bookkeeping business. A lot of these GAAP you likely already know and understand (like, the fact that business finances should be reported separately from personal). If you've ever been confused about the ...
52.3K views
May 5, 2022
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Catherine Goetze - CatGPT on Instagram: "We are generally evaluating the value of AI’s impact on the economy the wrong way. It’s like the internet being invented and people focusing on “how is this going to reduce the cost of my grocery store?” Did the existence of the internet reduce costs across grocery store operations? Yes. Is that where the CORE VALUE of the internet showed up? No. The core value of internet showed up in search engines, streaming media, social networks, online payments, ins
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