GAAP is an acronym for Generally Accepted Accounting Principles. There are two sets of principles, one for the United States and the other for the United Kingdom.
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Example Usage of GAAP
vleesjus88: *GAAP* gaat nog een zware dag worden...
Ruth999: 'Investors cool on audit convergence'. Lousy headline - they don't mean audit, it's IFRS and US GAAP. But interesting. http://bit.ly/8u4CBS
spotinspiration: Photography by GAAP Studio - Part II | Photography inspiration - Mozilla Firefox http://ow.ly/OvVD
