Conventions, rules, and procedures necessary to define accepted accounting practice at a particular time. The highest level of such principles are set by the FINANCIAL ACCOUNTING STANDARDS BOARD (FASB).
Barry Goldsmith
| APA | Barry Goldsmith. (2010). Generally Accepted Accounting Principles (GAAP). Retrieved September 22, 2026, from http://smartdefine.org/generally_accepted_accounting_principles_(gaap)/definitions/1154872 |
| Chicago | Barry Goldsmith. 2010. "Generally Accepted Accounting Principles (GAAP)" http://smartdefine.org/generally_accepted_accounting_principles_(gaap)/definitions/1154872 (accessed September 22, 2026). |
| Harvard | Barry Goldsmith 2010, Generally Accepted Accounting Principles (GAAP), Smart Define, viewed 22 September, 2026, <http://smartdefine.org/generally_accepted_accounting_principles_(gaap)/definitions/1154872>. |
| MLA | Barry Goldsmith. "Generally Accepted Accounting Principles (GAAP)" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/generally_accepted_accounting_principles_(gaap)/definitions/1154872> |