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GAAP: Generally Accepted Accounting Principles

GAAP is a set of principles that form the foundation for careers in accounting. But, what does GAAP stand for? GAAP are the generally accepted accounting principles, and these guidelines standardize financial reporting and govern how accountants approach all aspects of their job. What Is GAAP? GAAP stands for generally accepted accounting principles. Using GAAP, …

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What Is GAAP?
Guide to Working at Bank of America

As one of the world’s leading banking and financial institutions, Bank of America provides a variety of financial services to individuals, businesses, corporations, and governments. Ready to discover if working at Bank of America is the right career path for you? In this guide, we cover: What Is Bank of America? Although some parts of …

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Working at Bank of America
What Is the Current Ratio? Formula and Definition

The current ratio is a metric used by accountants and finance professionals to understand a company’s financial health at any given moment. This ratio works by comparing a company’s current assets (assets that are easily converted to cash) to current liabilities (money owed to lenders and clients).  In this guide, we’ll cover: Current Ratio Definition …

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Accountant calculating current ratio for business
How Long Does a Job Interview Last?

The hiring manager or recruiter reached out and scheduled you for an interview. Fantastic! But now you’re wondering how long does a job interview last? More importantly, how long will this job interview last? As a rule, the person scheduling you for the interview will give you an indication of how long the job interview …

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A picture of a diary questioning how long does a job interview take
How to Ask For a Raise at Work

Asking for a raise can be nerve-racking, but it’s necessary that you get recognized for all the hard work you’ve done and paid what you deserve. If you’ve taken on more responsibility, changed your role significantly, or are up for a promotion, it’s the right time for you to ask.  But how do you know …

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