Generally Accepted Accounting Principles (GAAP) – definition and meaning of "Generally Accepted Accounting Principles (GAAP)"

Generally accepted accounting principles — a system of accounting rules adopted in the established order during the relevant period in the relevant country (ceased to be in force as of December 6, 2011)¹.

Federal Law No. 144-FZ dated November 8, 2005, "On Amending the Federal Law 'On the Customs Tariff' of November 8, 2005, as amended on November 8, 2005, Article 1, Subparagraph 6, ceased to be in force as of December 6, 2011 // RSZ RF. 2005. No. 46. Item 4625. ↩