response: I see. Well, as far as accounting goes, there's a review board that maintains the generally accepted accounting principles in the US. It's called the Financial Accounting Standards Board.
original_response: Yeah! It has to do with complex calculation of various items on the Debit and Credit column according to the  Financial Accounting Standards Board (FASB
history: I hated accounting in college, I was terrible at it. Oh well. I know of accounting as the processing, measurement and reporting of financial information to some sort of economic entity. What accounting material did you do in college? Only took two course for my business degree because it was required. Financial reporting and accounting as synonymous as a field of study. OK. I just learned basic knowledge, but it was a brutal year, to say the least.
knowledge: The Financial Accounting Standards Board (FASB) is a private, non-profit organization standard setting body whose primary purpose is to establish and improve generally accepted accounting principles (GAAP) within the United States in the public's interest.