generally accepted accounting principles

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Related to Accounting Practices: GAAP, Accounting Principles
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  • noun

Synonyms for generally accepted accounting principles

a collection of rules and procedures and conventions that define accepted accounting practice

References in periodicals archive ?
To determine the Management Accounting Practices (MAPs) in Small Business
The company said it has not been advised by any regulators - and has no reason to believe - that any of its accounting practices are being investigated.
com, which deals exclusively with mergers and acquisitions of accounting practices, has consulted on 650 accounting firm closings and succession plans.
Barnes alleged that beginning in 1999, he had alerted management that Fannie Mac's accounting practices violated the industry's generally accepted accounting principles, specifically Financial Accounting Standard 91.
If an accounting practice does not permanently change the amount of the taxpayer's lifetime income, but does or could change the tax year in which income is reported, it involves timing.
In related news, Dow Jones Newsletters has begun the publication of Dow Jones' Re--Balancing the Books, a weekly newsletter that focuses on accounting practices and the current efforts to reform them.
The House Financial Services Committee is scheduled to hold the first congressional hearing today on fallout from the bankruptcy filing of Global Crossing, whose financial collapse has fueled concerns about accounting practices at some telecommunications companies.
Wiley's release of the book The Financial Numbers Game: Detecting Creative Accounting Practices by Charles W.
An investigation into accounting practices at Aurora Foods, Inc.
Professional accounting practices are frequently subject to valuation.
It undermines the IRS's objectives of encouraging good accounting practices and ensuring clear reflection of income.
The priority now is the convergence of accounting practices between U.
Because there is no related guidance in place and the accounting practices of organizations doing business in this area vary widely, the ED focuses on improving only certain disclosures and represents the initial phase of the IASB's approach to dcveloping standards for extractive industries.
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