answersLogoWhite

0

In 1992, the Auditing Standards Board established the GAAP hierarchy.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

Where GAAP is implementing in Pakistan?

gaap


Short note of accounting standards and GAAP?

short note on GAAP


How does GAAP affect financial reporting?

How does GAAP affect financial reporting?


What do you mean by gaap?

GAAP is an acronym for Generally Accepted Accounting Principles


What is Pakistani GAAP?

ugly people need gaap to look nicer


Full form of GAAP?

In Accounting/Finance arena GAAP stands for Generally Accepted Accounting Principals. Eevery company has to balance their books by GAAP standards and regulations.


What is the purpose of GAAP?

Generally Accepted Accounting Principles, or GAAP, are the standards used by accountants. GAAP ensures that all companies report financial information in a consistent manner.


What does GAAP stand for?

Generally Accepted Accounting Principles. There are different types of GAAP in todays world. For example, there is U.S. GAAP (generally accepted acccounting principles in the United States) and U.K. GAAP (generally accepted accounting principles in the United Kingdom).


Who can issue disclosure requirements for companies under its jurisdiction that may exceed gaap?

Sec, gaap,


What is the XBRL term for sales and for gross profit?

It depends which GAAP you are referring to. The answer would be different for US GAAP, Canadian GAAP or IFRS. If you mean US GAAP, you can look it up at http://xbrl.us/Pages/US-GAAP.aspx - the answer(s) would probably be SalesRevenueNet and GrossProfit, respectively.


What does the Afrikaans slang word 'gaap' mean?

Gaap is "yawn" or "the act of yawning" in English. It depends on the structure of the sentence.


What does non-GAAP mean?

GAAP stands for Generally Accepted Accounting Principles. Non-GAAP means that the financial statements or financial measures have been prepared on a basis other than those generally accepted.

Trending Questions
Is fuel an expense account? A cost that is previously incurred and irreversible is known as? If i provide details of bank account but don't have a debit card for that account can the company take any money from that account without setting up a direct debit? What youre understanding about tax? When a bank receives a check for payment it uses an OCR inscriber to print the amount of the check in OCR characters in the lower-right corner true or false? How do you record a journal entry to reverse the expense booked? What is the journal entry for lost fixed assets? What are disadvantages of having a bank account? The 'Maryland Sales Tax' rate increase from 5 percent to 6 percent is effective from January 3 2008 to what ending date? What are the factors affecting a new business? What inventory cost methods results in lowest net income during a period of rising inventory costs? Can a credit card debt that was charged off and sold to a collection agency be reported on your credit report? How much does a POS system cost on average? Is always best to have invoices signed for approval after processing for payment? What are the double entry for credit purchase? What are the adverbs of manner? What are causes of differences between the bank statement balance and a person's check register? What supplies do game wardens do? What is This accounting concepts justifies the usage of accrual and deferrals? Taxes that have wealthy people pay a higher rate of tax than average or poor people are called .?