Generally Accepted Accounting Principles

the specific accounting discipline followed (IFRS, US GAAP, Chinese AS, France GAAP, Germany GAAP, Russian GAAP, UK GAAP, etc.)

Generally Accepted Accounting Principles (GAAP) are the common set of accounting principles, standards and procedure that company use to make their financial statement. They can also be known simply as Accounting Standards.

Other websites change

  • "Generally Accepted Accounting Principles". fasab.gov. Archived from the original on 17 May 2011. Retrieved 22 December 2010.