PRINCIPLES-BASED ACCOUNTING
\pɹˈɪnsɪpə͡lzbˈe͡ɪst ɐkˈa͡ʊntɪŋ], \pɹˈɪnsɪpəlzbˈeɪst ɐkˈaʊntɪŋ], \p_ɹ_ˈɪ_n_s_ɪ_p_əl_z_b_ˈeɪ_s_t ɐ_k_ˈaʊ_n_t_ɪ_ŋ]\
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Utilization of GAAP set practices to perform accounting.
By Henry Campbell Black
Word of the day
Mustagh Range
- a mountain range in northern Kashmir; an extension of the Hindu Kush; contains 2nd highest peak