GENERALLY ACCEPTED ACCOUNTING PRINCIPLES/GAAP - How To Discuss

GENERALLY ACCEPTED ACCOUNTING PRINCIPLES/GAAP,

What is GENERALLY ACCEPTED ACCOUNTING PRINCIPLES/GAAP?

GENERALLY ACCEPTED ACCOUNTING PRINCIPLES/GAAP means: Commonly accepted accounting principles (GAAP) are used in financial statements prepared by public companies for the Securities and Exchange Commission.

Literal Meanings of GENERALLY ACCEPTED ACCOUNTING PRINCIPLES/GAAP

GENERALLY:

Meanings of GENERALLY:

In most cases.
Usually without considering details or exceptions.
far off

Sentences of GENERALLY

The lease term is usually 99 years.
A decade in which France turned globally to the left.
The best food is generally considered to be Canadian food.

Synonyms of GENERALLY

most of the time, more often than not, widely, popularly, mainly, as a rule, traditionally, commonly, by and large, normally, mostly, universally, generally, comprehensively, almost always, on the whole, conventionally, in the main, in the ordinary way, predominantly

ACCEPTED:

Meanings of ACCEPTED:

Commonly seen or recognized as accurate or real.

Sentences of ACCEPTED

Not pretty in the accepted sense.

ACCOUNTING:

Meanings of ACCOUNTING:

The process or process of maintaining financial accounts.

Sentences of ACCOUNTING

Alleged illegal accounting investigation

Synonyms of ACCOUNTING

economics, banking, pecuniary matters, investment, fiscal matters, financial affairs, money management, accounting, commerce, money matters, business

PRINCIPLES:

Meanings of PRINCIPLES:

A basic truth or statement that subdues a system of belief or behavior, or a chain of reasoning.
A general scientific theory or law that has a wide range of specific uses.
The source or basic basis of something.

Sentences of PRINCIPLES

Fundamental principles of justice
Physics has a great advantage here, because the ability to draw interesting conclusions from general principles is found earlier in physics than in other sciences.