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What is GAAP ?
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Answer / sreedhaam
Generally Accepted Accounting Principles it is a standard
framework of guidelines for financial accounting used in
any given jurisdiction; generally known as accounting
standards. GAAP includes the standards, conventions, and
rules accountants follow in recording and summarizing, and
in the preparation of financial statements.
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Answer / snigdha mohanty
Generally acccepted accounting principles
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / rajesh
GAAP refers to generally accepted priciples.which are
bascially divided into 2 concepts and conventions.
| Is This Answer Correct ? | 4 Yes | 2 No |
Expand-------ATBN
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Audit 
