What is Generally Accepted Accounting Principles?
'''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 == * {{Cite web |url= http://www.fasab.gov/accepted.html |title= Generally Accepted Accounting Principles |work= fasab.gov |accessdate= 22 December 2010 |archive-date= 17 May 2011 |archive-url= https://web.archive.org/web/20110517223749/http://www.fasab.gov/accepted.html |url-status= dead }} {{stub}} [[Category:Money]] [[Category:Accounting]]