Generally accepted accounting principles: Difference between revisions
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* [[Corporate Reporting Council]] | * [[Corporate Reporting Council]] | ||
* [[Covenant]] | * [[Covenant]] | ||
* [[FASB]] | * [[Financial Accounting Standards Board]] (FASB) | ||
* [[Financial Reporting Council]] (FRC) | |||
* [[Financial statements]] | * [[Financial statements]] | ||
* [[International Accounting Standards Board]] | * [[International Accounting Standards Board]] | ||
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* [[Pensions Research Accountants Group]] | * [[Pensions Research Accountants Group]] | ||
* [[US GAAP]] | * [[US GAAP]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Revision as of 23:57, 20 April 2020
(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.
