What is GAAP?

Enquire now

GAAP stands for Generally Accepted Accounting Principles. They lay out the authoritative framework of guidelines for financial reporting which companies must follow when compiling their financial statements.

Back to glossary

We can also help with

Financial reporting guide

All you need to know on accounting due diligence and compliance


Secrets to business success

Find out the proven paths to grow from successful businesses

Take a look

Protect your business

Say no to risky relationships, keep your business protected

Find out how

Credit check any UK company

Get greater insight to make quick and informed business decisions

Try for free