Standardization

Banker's Year
The Banker's Year is a convention that standardizes the length of a month at 30 days and of a year at 360 days for ease of financial calculations, simplifying the handling of interest and other financial computations.
GIPS Global Investment Performance Standards
GIPS, or Global Investment Performance Standards, are a set of ethical principles created to guide investment firms on how to handle and report investment performance, enhancing standardization, transparency, and comparability of investment performance worldwide.
Uniform System of Accounts for the Lodging Industry (USALI)
USALI is a standardized accounting system used within the hotel industry to ensure consistency in financial reporting, improve financial analysis, and aid management in decision-making processes.

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