GAAP stands for:
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 Praveen Kumar Sobti passed away, who was he?
Which of the following countries is not a member of the Association of Southeast Asian Nations (ASEAN)?
The Great Indian Water Divider is called-
Which state ranked first in the Urban Governance Index (UGI) 2024 in India?
In November last year which country witnessed the highest growth in domestic air passenger traffic?
On which day of the new moon is Kharchi Puja performed?
The Sultan Azlan Shah Cup is associated with which sport?
Who founded the city of Amritsar?
Which Indian state boasts the longest coastline?
1. E-Pashudhan haat portal connecting indigenous breeders of cattle and farmers was launched by: