Accounting for companies in the development stage; Exposure draft (American Institute of Certified Public Accountants), 1973, May 1

Authors

American Institute of Certified Public Accountants. Committee on Companies in the Development Stage

Files

Description

A diversity of financial reporting practices exists for companies in the development stage and the type of auditors' report has varied widely for factual situations that appear to be comparable. This audit guide recommends practices which should result in the presentation of useful financial information by these companies with less variation in the form of the financial statements and in the accompanying auditors' reports. The recommendations presented herein are applicable to any company, in any industry, which is in the development stage.

Publication Date

1973

Relational Format

Book

Keywords

New business enterprises -- United States -- Accounting

Disciplines

Accounting | Taxation

Comments

Originally published by: American Institute of Certified Public Accountants; Copyright and permission to reprint held by: American Institute of Certified Public Accountants.

Recommended Citation

American Institute of Certified Public Accountants. Committee on Companies in the Development Stage, "Accounting for companies in the development stage; Exposure draft (American Institute of Certified Public Accountants), 1973, May 1" (1973). Exposure Drafts, Comment Letters, and Statements of Position. 352.
https://egrove.olemiss.edu/aicpa_sop/352