GAAP

2012 U.S. GAAP Financial Reporting Taxonomy Now Available for Public Review and Comment [09/01/11]. News Release. Representatives of the Accounting Standards Board of Japan and the Financial Accounting Standards Board Hold ...

It may be a surprise, but a good number of municipal governments do not use Generally Accepted Accounting Principles (GAAP) when preparing their financial reports. According to a GASB survey of 17577 local governments (out of the over ...

Accounting standards vary from country to country, but the U.S. GAAP and international standards like IFRS have been developed to make the rules consistent.


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