To understand this example fully, you should have a good knowledge of general accounting principles.
Different countries have developed their own accounting principles over time, making international comparisons of companies difficult.
They have to make the decisions on matters of real law and sound accounting principles.
"Total contract value" is not a term used in generally accepted accounting principles.
All this was perfectly legal under generally accepted accounting principles, 3Com said at the time.
In some cases, the reports did not comply with generally accepted accounting principles.
The city's budget uses accepted accounting principles and is clear as sunshine.
Under certain circumstances, this method can fall within generally accepted accounting principles.
He added that "according to generally accepted accounting principles" the fund had a balance last year.
Of course, the company also presented results according to generally accepted accounting principles, as regulators require.