Generally accepted accounting principles: Difference between revisions
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imported>Doug Williamson (Link with International GAAP page.) |
imported>Doug Williamson (Link with Covenant page.) |
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* [[Accounting Council]] | * [[Accounting Council]] | ||
* [[Accounting standards]] | * [[Accounting standards]] | ||
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* [[FASB]] | * [[FASB]] | ||
* [[Financial statements]] | * [[Financial statements]] | ||
Revision as of 16:11, 17 January 2016
(GAAP).
The common set of accounting principles, standards and procedures.
They are a combination of 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.
