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, J. L., Carland, J. W., & Carland, J. A. C. (1991). Are Small Businesses Falling through the GAAP?. Journal of Small Business Strategy (archive Only), 2(2), 50–55. Retrieved from