释义 |
Lady Godiva Accounting Principles
Lady Godiva Accounting PrinciplesA theoretical system of accounting that would disclose information not required to be disclosed under the generally accepted accounting principles (GAAP). LGAP include all off-balance sheet items, among other things. They were devised in the wake of the Enron scandal, and while the Sarbanes-Oxley Act of 2002 improved accounting transparency in the United States, the LGAP remain largely theoretical.AcronymsSeeLGAP |