Houston Chronicle

Primary Purpose of Generally Accepted Accounting Principles

Public companies are required to file financial reports regularly and to craft their reports according to generally accepted accounting principles, or GAAP, as the standards are commonly known. The ...
TechRepublic

What Are Generally Accepted Accounting Principles (GAAP)?

What Are Generally Accepted Accounting Principles (GAAP)? Your email has been sent Understanding GAAP is essential for anyone involved in finance or accounting. Learn the key principles and their ...
Houston Chronicle

The Accounting Cycle & the Importance of Using Generally Accepted Practices

Generally Accepted Accounting Principles, or GAAP, comprise a set of rules and regulations set forth by the Financial Accounting Standards Advisory Board (FASAB) and the Governmental Accounting ...
Nasdaq

Importance of Accounting Principles

Generally Accepted Accounting Principles (GAAP) are a common set of accounting rules and standards that dictate how financial statements are prepared. Public companies, nonprofit organizations, and ...
Investopedia

How Does Inventory Accounting Differ Between GAAP and IFRS?

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance ...
Investopedia

How Is Absorption Costing Treated Under GAAP?

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, ...
Drexel University

Accounting Principles

Drexel University's financial accounting policies and procedures follow the generally accepted accounting principles of Fund Accounting as prescribed by the National Association of College and ...