Blue Medicare PPO â a popular Medicare Advantage plan in Florida. Some Counties in Florida have a couple dozen Medicare plans to choose from. Competition is fierce for some plans with name recognition to attract new members. Name recognition is one problem Blue Cross does not have.
What are 'Accounting Principles'. Accounting principles are the rules and guidelines that companies must follow when reporting financial data. The common set of U.S. accounting principles is the generally accepted accounting principles (GAAP).
GAAP is based on three important sets of rules: the basic accounting principles and guidelines, the generally accepted industry practices, and the detailed rules and standards that have been issued by the Financial Accounting Standards Board (FASB) and the Accounting Principles Board (APB).