1.
Generally Accepted Accounting Principles are a set of accounting ....... approved by the professional accounting industry.
2.
GAAP are a combination of ....... rules set by policy boards and the commonly accepted ways of recording and reporting financial information.
3.
They can become accepted either as a result of due ....... or as a result of long term practice.
4.
Accountants cannot express the opinion that financial statements are "in conformity with generally accepted
accounting principles" if such information includes any ....... from these principles.
5.
After the Stock Market ....... of 1929, the American Institute of Accountants introduced five broad principles of accounting which have won fairly general acceptance.
6.
It is relatively unimportant to investors what reporting method is used by a company, so long as they are assured that it is followed ....... every year.
7.
In 1934, the U.S. Congress created the Securities and ....... Commission (SEC), giving it the authority to prescribe the methods used in preparing financial statements.
8.
In 1938, Congress permitted companies to use a new ....... method, lifo, for income tax purposes.
9.
In 1939, the AIA recommended the phrasing, "present fairly in conformity with generally accepted accounting principles" in the standard form of the ....... report.
10.
The P & L monograph of 1940 promulgated the "....... principle", which places primary emphasis on the correspondence of costs with the revenues that they produce.
11.
According to the Government Communication Network (GCN), a plan for internal communications should be ....... into every communication strategy.
12.
Winning the support of internal ....... can be as important as reaching key external audiences, and will be vital to the success of your communication programme.
13.
Internal communications need exactly the same kind of analysis and strategy as external communications: there will be distinct audience groups who should be ......., and the same processes of information collection and insight generation apply to internal as to external groups.
14.
Far from being the poor ....... of external communication, internal communication performs a crucial role within government.
15.
By ....... staff with the departmental vision and values so that they can apply them in their day-to-day work, it creates a culture that does two things: it improves policy delivery and it increases the chance of meeting departmental objectives.
16.
Organisations that have a strong communications function frequently ....... those that don't; private sector companies that communicate effectively have a 19.4 per cent higher market premium than companies that do not.
17.
As with external communications, it is not enough to have a tactical approach; every department should have an internal communications strategy that is developed, implemented and monitored according to industry ....... ractice and the needs of staff.
18.
Printed or online surveys might be your first port of ....... when it comes to understanding communication needs within your department.
19.
Before selecting a research method, produce a ....... that sets out clear objectives and explains what you are trying to achieve.
20.
You might also need to set up a different dialogue with each team within your department to take on ....... cultural differences.
