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Partnership Formation and GAAP

Fri, October 5, 1:45 to 3:25pm, Crowne Plaza Indianapolis Downtown Union, TBA

Abstract

This article presents the basis for GAAP accounting for partnership formation in the Codification and a set of teaching materials that illustrate consistent financial reporting. The article discusses controversies in the area of partnership formation and documents limitations in the current textbooks in advanced accounting that present partnership formation.

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