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What does GAAP stand for?

GAAP stands for Generally Accepted Accounting Procedures (less common)

This definition appears frequently and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other definitions of GAAP

Other Resources:
We have 28 other meanings of GAAP in our Acronym Attic

Samples in periodicals archive:

Our Regional corporations value transparency and integrity, and deliver financial documents tailored to each region's demographics based upon those principles and are generated according to generally accepted accounting procedures (GAAP) by licensed or certified auditing firms," said Metrokin.
Under the new rule, the retained earnings of the acquired credit union must be measured under generally accepted accounting procedures.
According to the complaint, during the Class Period, defendants issued to the investing public financial statements and press releases concerning Aurora's financial condition and performance that were false, misleading and deceptive because they failed to conform to mandatory Securities and Exchange Commission ("SEC") guidelines and Generally Accepted Accounting Procedures ("GAAP").
According to the complaint, during the Class Period, defendants issued to the investing public financial statements and press releases concerning Aurora's financial condition and performance which were false, misleading, deceptive and failed to conform with both mandatory Securities and Exchange Commission ("SEC") guidelines and Generally Accepted Accounting Procedures ("GAAP").
The Complaint alleges that during the Class Period, defendants issued to the investing public financial statements and press releases concerning Aurora's financial condition and performance which were false, misleading, deceptive and failed to conform with both mandatory Securities and Exchange Commission ("SEC") guidelines and Generally Accepted Accounting Procedures ("GAAP").