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).
The Principles of GAAP Generally accepted accounting principles, or GAAP for short, are the accounting rules used to prepare and standardize the reporting of financial statements, such as balance sheets, income statements and cashflow statements, for publicly traded companies and many private companies in the United States.