Understanding Generally Accepted Accounting Principles (GAAP) — Backoffice (2022)

In 1999, NASA famously lost the $125 million Mars Climate Orbiter in flight—not because of a rogue asteroid or heat shield failure. It's because Lockheed Martin's engineering team uses the imperial measurement system to build the craft while NASA's flight team uses the metric system to operate it. The lesson? It's important to use the