What is the meaning of gaap?

noun

  • A collection of rules and procedures and conventions that define accepted accounting practice; includes broad guidelines as well as detailed procedures.
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APAWordNet. (2010). gaap. Retrieved September 21, 2026, from http://smartdefine.org/gaap/definitions/1277733
ChicagoWordNet. 2010. "gaap" http://smartdefine.org/gaap/definitions/1277733 (accessed September 21, 2026).
HarvardWordNet 2010, gaap, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/gaap/definitions/1277733>.
MLAWordNet. "gaap" 23 October 2010. Web. 21 September 2026. <http://smartdefine.org/gaap/definitions/1277733>
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