Cross currency deal and Generally accepted accounting principles: Difference between pages

Revision as of 22:12, 23 March 2016

(GAAP).

The common set of accounting principles, standards and procedures.

They are a combination of:

Law
Published authoritative standards (set by policy boards such as the FASB in the US and the FRC in the UK) and
The accepted ways of doing accounting.

Sometimes also known as Generally Accepted Accounting Practice.

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-A foreign exchange transaction where neither the base nor quoted currency is the USD (US Dollar).
+(GAAP).
+The common set of accounting principles, standards and procedures.
+They are a combination of:
+* Law
+* Published authoritative standards (set by policy boards such as the FASB in the US and the FRC in the UK) and
+* The accepted ways of doing accounting.
+Sometimes also known as Generally Accepted Accounting Practice.
 == See also ==
-* [[Cross rates]]
+* [[Accounting Council]]
+* [[Accounting standards]]
+* [[Covenant]]
+* [[FASB]]
+* [[Financial statements]]
+* [[International Accounting Standards Board]]
+* [[International GAAP]]
+* [[Pension cost]]
+* [[Pensions Research Accountants Group]]
+* [[US GAAP]]
+* [[FRC]]
+[[Category:Accounting,_tax_and_regulation]]