GAAP (General Accepted Accounting Principles)

Posted on 13th November 20151st February 2021 by ThePD (The Project Definition)

A General Accepted Accounting Principles (GAAP) is the standard rules of guidelines for financial accounting procedures and practices that companies must follow when they give financial information, generally known as the accounting standards.

Related Definitions in the Project: The Project Cost

Posted in Business, Controls and tagged accounting, business, controls, cost, institute, procedure, standard.

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