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1). Accounting Principles & Standards: Avoid Them At Your Peril By : John Day
Accounting principles are the basic assumptions, rules of operation, and essential characteristics that make up the framework for the construction of accounting financial statements. Long ago, I was perplexed to discover that there was no “set” of accounting principles that was presented in one form such as you might find in the Bill of Rights. This.
Article Related to: accounting principles, standards, gaap, fasb, regulations

2). Accounting Police: Do They Exist? By : John Day
Who created accounting principles? Who sets and revises accounting standards? What if you don’t follow all the rules, do you go to jail? Is there an accounting police force that investigates and arrests violators? It would seem that there must be some regulatory force to make sure that providers of financial statements conform to the rules. There is, up to a point, and here is how it works: Mainly, it’s all voluntary and it works pretty well.
Article Related to: accounting principles, standards, gaap, fasb, regulations

3). The Importance of Maintenance Cap-Ex By : Geoff Gannon
Copyright 2006 Geoff Gannon Maintenance Cap-Ex The nice thing about having low capital spending, is the pleasant surprise it creates. You find a company that is earning more (economically) than other companies with the same GAAP numbers. So, the P/E ratio tends to exaggerate how expensive the business is. This is kind of like finding a business with excess cash.
Article Related to: cap-ex, depreciation, gaap, advertising, tangible, intangible, assets, value, investor, investing, finance, stock, market