Difference between revisions of "Generally Accepted Accounting Principles"

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(Related coursework)
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*[[Bookkeeping]]. Recording, filing, and retrieving of [[financial data]], as well as producing those [[financial report]]s that are required by laws.
 
*[[Bookkeeping]]. Recording, filing, and retrieving of [[financial data]], as well as producing those [[financial report]]s that are required by laws.
  
==Related coursework==
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==Related lectures==
 
*[[Bookkeeping Quarter]].  
 
*[[Bookkeeping Quarter]].  
  
 
[[Category: Septem Artes Administrativi]][[Category: Articles]]
 
[[Category: Septem Artes Administrativi]][[Category: Articles]]

Revision as of 19:31, 4 January 2019

Generally Accepted Accounting Principles (better known by the acronym; hereinafter, GAAP) is the procedures and guidelines that must be followed during the accounting process.


Definitions

According to College Accounting: A Practical Approach by Slater (13th edition)‎,

Generally Accepted Accounting Principles. The procedures and guidelines that must be followed during the accounting process.

Related concepts

Related lectures