Royal mail will tell people there is a letter/package to collect and will then inform them that there was insufficient postage on the item when they go to collect it.oyal mail will tell people there is a letter/package to collect and will then inform them that there was insufficient postage on the item when they go to collect it.
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. GAAP is a combination of authoritative standards (set by policy boards) and the commonly accepted ways of recording and reporting accounting information. GAAP improves the clarity of the communication of financial information.
GAAP: Standards & Rules for Accountants. If your company hopes one day to issue stock or participate in mergers and acquisitions, knowledge of generally accepted accounting principles (GAAP) is critically important.