Generally Accepted Accounting Principles [GAAP] Law and Legal Definition
Generally Accepted Accounting Principles (GAAP) refers to accounting rules used to prepare, present, and report financial statements for various entities in the U.S. Generally GAAP includes local applicable accounting framework, related accounting law, rules and accounting standard. It is used by publicly-traded and privately-held companies, non-profit organizations, and governments.
Legal Definition list
- Generally Accepted Accounting Principles [GAAP]
- Generally Accepted Accounting Principles (GAAP)
- Generalis Regula Generaliter Est Intelligenda
- Generalia Sunt Praeponenda Singularibus
- Generalia Specialibus Non Derogant
- Generally Accepted Auditing Standards [GAAS]
- Generally Accepted Standards of Clinical Practice
- Generally Applicable Environmental Radiation Standards
- Generation Skipping
- Generation-Skipping Transfer Tax
- Generation-Skipping Transfers