Generally accepted accounting principles gaap refer to a common set of accepted accounting principles standards and procedures that companies and their accountants must follow when they . The mission of the international accounting standards board is to issue enforceable standards which regulate the financial accounting and reporting of multinational corporations develop a uniform currency in which the financial transactions of companies through out the world would be measured. Gaap us generally accepted accounting principles is the accounting standard used in the us while ifrs international financial reporting standards is the accounting standard used in over 110 countries around the world gaap is considered a more rules based system of accounting while ifrs is more principles based the us securities and exchange commission is looking to switch . Generally accepted accounting principles gaap gaap is a common set of accounting principles standards and procedures that companies must follow when they compile their financial statements more
How it works:
1. Register Trial Account.
2. Download The Books as you like ( Personal use )