The length of validity for U.S. passports depends on the age of the passport holder when the passport was obtained and the type of passport issued.
What are 'Generally Accepted Accounting Principles - GAAP'. Generally accepted accounting principles (GAAP) are a common set of accounting principles, standards and procedures that companies must follow when they compile their financial statements.
Because guidance for related party disclosures was not included in the authoritative. literature on generally accepted accounting principles, the Accounting Standards Division of the. AICPA asked the FASB to consider providing such guidance in a Statement of Financial. Accounting Standards.