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Generally accepted accounting principles   /dʒˈɛnərəli æksˈɛptɪd əkˈaʊntɪŋ prˈɪnsəpəlz/   Listen
Generally accepted accounting principles

noun
1.
A collection of rules and procedures and conventions that define accepted accounting practice; includes broad guidelines as well as detailed procedures.  Synonym: GAAP.






WordNet 3.0 © 2010 Princeton University








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Words linked to "Generally accepted accounting principles" :   accumulation, accounting standard, GAAP, collection, aggregation, assemblage, accounting principle



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