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Generally accepted in the phrase generally accepted accounting principles means that the principles?

in the phrase generally accepted accounting principles means


What types of accounting reports are prepared in conformity with generally accepted accounting principles?

Financial Statements


List of Generally Accepted Accounting Principles?

what is the list of generally accounting accepted principles


Generally accepted accounting principles regulate how and what financial information is reported by businesses?

yes


A common set of accounting standards and procedures are called?

GAAP - Generally Accepted Accounting Principles


What is the purpose of the Financial Accounting Standards Board?

The purpose of the Financial Accounting Standards Board is to develop (GAAP) generally accepted accounting principles in the US that are in the public's interest.


What is the purpose of a financial accounting standards board?

The purpose of the Financial Accounting Standards Board is to develop (GAAP) generally accepted accounting principles in the US that are in the public's interest.


What are the Examples of generally accepted accounting principles?

principles


What is the private board that currently has the authority to establish generally accepted accounting principles is the?

sec It is not the SEC. It is the FASB (Financial Accounting Standards Board)


What is The private group that currently has the authority to establish generally accepted accounting principles in the US?

The Financial Accounting Standards Board (FASB)


What does the acronym GAAP stand for?

GAAP is an acronym for Generally Accepted Accounting Principles. GAAP is a series of basic rules accepted by those within the accounting community to perform accounting tasks.


Who formulated the General accepted accounting principles?

Financial Accounting Standards Board