Generally accepted accounting principles and Report card: Difference between pages

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(GAAP).
A quantitative ranking of a financial institution’s level of service and customer responsiveness.
 
The use of report cards is widely applied to measure financial institutions’ service levels.
The common set of accounting principles, standards and procedures.
 
 
They are a combination of:
* Law
* Published authoritative standards (set by policy boards including the International Accounting Standards Board, the FASB in the US, the FRC in the UK and other national accounting boards) and  
* The accepted ways of doing accounting.
 
 
Sometimes also known as Generally Accepted Accounting Practice.
 


== See also ==
== See also ==
* [[Accounting]]
* [[Key performance indicator ]]
* [[Accounting standards]]
* [[Service level agreement]]
* [[Corporate Reporting Council]]
* [[Covenant]]
* [[Financial Accounting Standards Board]] (FASB)
* [[Financial Reporting Council]] (FRC)
* [[Financial statements]]
* [[International Accounting Standards Board]]
* [[International GAAP]]
* [[Pension cost]]
* [[Pensions Research Accountants Group]]
* [[US GAAP]]


[[Category:Accounting,_tax_and_regulation]]

Revision as of 14:20, 23 October 2012

A quantitative ranking of a financial institution’s level of service and customer responsiveness. The use of report cards is widely applied to measure financial institutions’ service levels.

See also