Words similar to gaap

Example sentences for: gaap

How can you use “gaap” in a sentence? Here are some example sentences to help you improve your vocabulary:

While many of the standards comprising Federal GAAP have already been made effective, three of those standards will not be effective until fiscal year 1998.
In that event, agencies should view the hierarchy as providing sources of GAAP for the Federal Government.
If these differences are material, the standards constituting Federal GAAP should be applied for purposes of including the components in entity-wide statements.
The following hierarchy5 determines GAAP for U.S. government reporting entities beginning in fiscal year 1998:
In 1996, through the joint efforts of the Treasury, OMB, and GAO, a body of generally accepted accounting principles (GAAP) covering most transactions was promulgated for the Federal government.