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:
In that event, agencies should view the hierarchy as providing sources of GAAP for the Federal Government.
In such cases, the components may need to provide additional disclosures or different measurements required to comply with Federal GAAP.
If these differences are material, the standards constituting Federal GAAP should be applied for purposes of including the components in entity-wide statements.
The hierarchy of generally accepted accounting principles4 (GAAP) governs what constitutes GAAP for all U.S. government reporting entities.
The following hierarchy5 determines GAAP for U.S. government reporting entities beginning in fiscal year 1998:
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