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Get the right idea |
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regulations concerning the do's and don'ts of accounting it
is a good idea to check with an accounting institution or
organization, or their web site. Most governments will have
departments and institutions regarding accounting practices and
developments. They are meant to be an unbiased source of
information and can be helpful when in doubt.
However, accounting is a versatile art, and even the official
institutions cannot give you all the information you need or
request. It would be wise to prepare your questions or problems
well in advance before contacting any accounting institution,
making sure you are clear about what you need their help on.
Otherwise it is certainly possible you will end up more confused
and unsure than before you contacted them.
If you are conducting your business across borders the
accounting waters can get very murky. Between the U.S. and the
E.U., for example, there are many accounting differences, not to
mention tax rules and regulations. Somehow all these free trade
zones that are springing up across the world only seem to make
matters worse rather than easier. Especially for a small or
medium sized business.
But don't be put off. If you're market is across the border
there is no reason you should not sell there. Just get the facts
straight and you will have smooth sailing.
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General Accounting Office (US) |
The General Accounting Office is the audit,
evaluation, and investigative arm of Congress. GAO's activities
are designed to ensure the executive branch's accountability to
the Congress under the Constitution and the government's
accountability to the American people. The GAO is dedicated to good
government through its commitment to the core values of
accountability, integrity, and reliability. |
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American Accounting Association (US)
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Besides general information about accounting
this web sites deals with international accounting issues and
includes a faculty department for students interested in
accounting as well as a policies and procedures manual. |
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Financial
Accounting Standards Board (US) |
The mission of the Financial Accounting
Standards Board is to establish and improve standards of
financial accounting and reporting for the guidance and
education of the public, including issuers, auditors, and users
of financial information. |
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International Accounting Standards Board (UK) |
A good site to visit concerning issues and
developments in international accounting practices. Articles and
discussions about accounting issues are well worked out. |
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