ERP Internals/Glossary/GAAP
< ERP Internals | Glossary
Generally Accepted Accounting Principles. A set of standards of how financial statements are to be formatted and various transactions handled. Each country has its own GAAP. Contrast with IFRS.
Generally Accepted Accounting Principles. A set of standards of how financial statements are to be formatted and various transactions handled. Each country has its own GAAP. Contrast with IFRS.