GAAP stands for "Generally Accepted Accounting Principles." These are a set of standard accounting principles, concepts, and procedures used by companies to prepare and present their financial statements. GAAP provides a framework for how financial information should be recorded, reported, and disclosed, ensuring consistency, comparability, and reliability of financial statements across different businesses and industries. Adhering to GAAP is essential for companies to maintain transparency, accuracy, and credibility in their financial reporting, as it helps investors, creditors, and other stakeholders make informed decisions based on reliable and standardized financial information.
Recently Sivan passed away. Who was he?
Consider the following in regards to the land donation during Katyuri Rule in Uttarakhand:
Next QUAD Summit 2023 will be held at which place?
Fourth India International Science Festival to be held in the city of:
Who received the Nobel Prize for their work on the Photoelectric Effect?
Committee on Banking Sector reforms (Narasimham Committee 2) submitted its report in?
Manipuri dance, also known as Jagoi, originates from which Indian state?
Kolathunadu, Valluvanad and Thekkumkoor were ancient small-time kingdoms in which state of India?
The National Teachers' Award 2024, an initiative by the Department of School Education & Literacy, recognizes exceptional teachers who:
निम्न पंक्ति किसके लिये प्रसिद्ध है -