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Topic: Business
Number of pages / Number of words: 3 / 806
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Some feel as though to further shed light on how U.S. and Japanese companies differ, they must consider the goal, context and the process of the accounting practices.

When visiting Toyota’s website, the same flashy graphics are displayed as their American competitor’s website, Ford. Looking deeper for differences in generally accepted accounting principles (GAAP) between Toyota and Ford, the financial results for both companies can be viewed online...


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Looking deeper for differences in generally accepted accounting principles (GAAP) between Toyota and Ford, the financial results for both companies can be viewed online. The Ford Motor Company’s annual report and financial statements are presented according to U.S. GAAP, which has been cited by many experts as one of the highest standards of accounting practices in the world...


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