单词 | gaap |
释义 | > as lemmasGAAP GAAP n. (also gaap) generally accepted accounting principles, a set of principles and standards companies are obliged to adhere to when producing their financial statements. ΚΠ 1963 Mod. Railroads Mar. 45/2 Net income is first presented in conformity with ICC principles and, immediately below, the necessary adjustments are made to conform the final figure with GAAP. 1993 Rep. & Accts. (Cable & Wireless) 75/1 The Group prepares its consolidated accounts in accordance with generally accepted accounting principles (GAAP) in the United Kingdom which differ in certain material respects from US GAAP. 2015 J. E. Margret & G. Peck Fraud in Financial Statements iii. 42 The flexibility available and arguably necessary for good business practice within GAAP..also provides opportunities for deceitful manipulation of the accounting numbers. < as lemmas |
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