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What is the full form of GAAP?
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Generally Accepted Accounting Principles. This standards
indicate how to report economic events. Two organizations
are primarily responsible for establishing GAAP.
(I)FASB-Financial Accounting Standards Board. (II) SEC-
Security & Exchange Commission. The SEC is the governmental
agency.
posted by mss, dhaka university
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / shuaib edayath
GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IS THE FULLFORM FOR
GAAP
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / ji.balaji
GAAP means General Accounting Accepted Principles
| Is This Answer Correct ? | 6 Yes | 5 No |
Answer / rabundra kumar mallick
GAAP means General Accounting Accepted Principles.
| Is This Answer Correct ? | 23 Yes | 23 No |
Answer / krishnan
GAAP means Generally Accepted Accounting Principle.
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