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The importance of gaap why do we need generally accepted accounting principles (gaap) expand their business. The modern business environment has changed drastically in a short time principles and importance of accounting for a business today's enewspaper. Leadership, the ability to motivate groups of people towards a common goal, is an important skill in today's business world without strong leadership, many otherwise good businesses fail. Equipment the most obvious impact of technology in accounting is the presence of computers, printers, scanners and faxes information technology (it) transformed the accounting world--no.
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