What is USGAAP?
Answers were Sorted based on User's Feedback
Answer / dinesh lakhotiya
Generally accepted accounting principles (GAAP) are the
accounting rules used to prepare financial statements for
publicly traded companies and many private companies in the
United States. Generally accepted accounting principles for
local and state governments operates under a different set
of assumptions, principles, and constraints, as determined
by the Governmental Accounting Standards Board.
Is This Answer Correct ? | 16 Yes | 0 No |
Answer / guest
It is "United State Generally Accepted Accounting
Principle".
Is This Answer Correct ? | 13 Yes | 1 No |
Answer / priyanka pawar
In the United States, Generally Accepted Accounting Principles( GAAP), are accounting rules used to prepare, present and report financial statements for companies.
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / rajesh
USGAAP is a stand for United state Generally Accepted
accounting Principle.
it is a (principle) accounting rules used to prepare
financial statements for publicly traded companies and many
private companies in the United States. as well as Local and
state governments operates under a different set of
assumptions, principles, and constraints, as determined by
the Governmental Accounting Standards Board
Is This Answer Correct ? | 2 Yes | 1 No |
What are terms of payments and where are they stored?
What is special purpose ledger ? what is the use of this ledger?
Hi, can any one tell me how to export data from SAP to Excel sheet. Plz., It's very urgent.
Lets say for a product there exists three production versions. Explain the process how you would go about creating a mixed cost estimate?
down payments..by using t-code -48 i have posted a dp..amt of 160000.while invoice was fully posted..but i cleared it t-code 58 instead of f-44..in fbln1 in still shows open item..give a solution..tq
Explain an account group. What does it control?
What is the use of sales returns in fi?
In sap what is the use of fsv ( financial statement version) ?
3) What are the testing methods ?
why g/l tolerance group z used?
What is a chart of accounts and types of coa in sap ?
importance of tax category field in g/l master record?