Are Small Businesses Falling through the GAAP?

  • Janet L. Dye Western Carolina University
  • James W. Carland Western Carolina University
  • Jo Ann C. Carland Western Carolina University


Professional accountants have long recognized the need for a change in the reporting requirements for small businesses because standard setting agencies focus on large firms and promulgate GAAPs which ignore special problems of small firms. We propose a procedure which may correct the problem  in the United States and which could provide a model for  use in other countries .


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How to Cite
DYE, Janet L.; CARLAND, James W.; CARLAND, Jo Ann C.. Are Small Businesses Falling through the GAAP?. Journal of Small Business Strategy, [S.l.], v. 2, n. 2, p. 50-55, june 1991. ISSN 2380-1751. Available at: <>. Date accessed: 16 july 2018.