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GAAP in Business Word Meaning

The GAAP meaning in Business Word terms is "Generally Accepted Accounting Principles". There are 2 related meanings of the GAAP Business Word abbreviation.

GAAP on Business Word Full Forms

  1. Generally Accepted Accounting Principles The accounting principles set by the Financial Accounting Standards Board and required for use by United States companies. Contrasts with International Financial Reporting Standards used in Europe and other countries.
  2. Generally Accepted Accounting Procedures

Frequently Asked Questions (FAQ)

  1. What does GAAP stand for Business Word?

    GAAP stands for Generally Accepted Accounting Procedures in Business Word terms.

  2. What is the shortened form of Generally Accepted Accounting Procedures in Business Word?

    The short form of "Generally Accepted Accounting Procedures" is GAAP for Business Word.

Citation

GAAP in Business Word. Acronym24.com. (2021, October 25). Retrieved January 3, 2025 from https://acronym24.com/gaap-meaning-in-business-word/

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