Generally Accepted Accounting Principles

From Simple English Wikipedia, the free encyclopedia

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 | change source]

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