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Forensic Accounting

Category - Fundamental Forensic Knowledge

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Which of the following standards should an accounting expert adhere to?

GAAP
GAAS
IAS
AICPA

Explanation

Answer: A - All the above mentioned are either accounting conventions, principles, or regulating body. Accountants must adhere to the accounting principles; therefore, an accounting expert should rely on GAAP.

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Forensic Accounting

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