Want to create an interactive transcript for this episode?
Podcast: The American Enterprise Manifesto: My America's Vision of Peace and Nonviolence for Humanism
Episode: GAAP (Generally Accepted Accounting Principles) Assurance for America's Future
Description: GAAP (Generally Accepted Accounting Principles) Assurance for America' Future. Â Why is this not an issue but an avoidance of accountability. Â "GAAP doesn't determine what's right but what is left". Â Â In government the use of cash in and cash out budgeting and finance is leading our Great American Enterprise into insolvency then bankruptcy at all levels of government funding education, health care, defense, security, foreign aid, etc. Â And conducting global trade to correct the existing imbalance of trade.
Side bar: quoted from the author Jerry L. Rhoads, CPA, Volume I: The Swing Vote to Drain the Swamp and Reign...