dido:public:ra:xapend:xapend.a_glossary:g:gaap
Differences
This shows you the differences between two versions of the page.
|
dido:public:ra:xapend:xapend.a_glossary:g:gaap [2022/04/25 15:27] nick created |
dido:public:ra:xapend:xapend.a_glossary:g:gaap [2022/04/25 15:29] (current) nick |
||
|---|---|---|---|
| Line 2: | Line 2: | ||
| [[dido:public:ra:xapend:xapend.a_glossary:start| Return to Glossary ]] | [[dido:public:ra:xapend:xapend.a_glossary:start| Return to Glossary ]] | ||
| - | **Generally Accepted Accounting Principles (GAAP)** refers to a common set of accounting principles, standards, and procedures issued by the Financial Accounting Standards Board (FASB). Public companies in the U.S. must follow GAAP when their accountants compile their financial statements. | + | **Generally Accepted Accounting Principles (GAAP)** refers to a common set of accounting principles, standards, and procedures issued by the [[dido:public:ra:xapend:xapend.a_glossary:f:fasb]]. Public companies in the U.S. must follow GAAP when their accountants compile their financial statements. |
| * GAAP is the set of accounting principles set forth by the FASB that U.S. companies must follow when putting together financial statements.1 | * GAAP is the set of accounting principles set forth by the FASB that U.S. companies must follow when putting together financial statements.1 | ||
dido/public/ra/xapend/xapend.a_glossary/g/gaap.1650914839.txt.gz · Last modified: 2022/04/25 15:27 by nick
