US GAAP Accounting


All articles in this category pertain to US GAAP accounting. Generally accepted accounting principles (GAAP) refers to the set of financial reporting guidelines issued by the Financial Standards Board (FASB). These principles ensure consistent, comparable, and transparent financial reporting. Public companies in the United States are required to follow US GAAP and many other private and nonprofit entities do as well.

Learn more about US GAAP accounting below.

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