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Definitions and Synonyms of gaap | Another word for gaap | What is gaap?

Definition 1: a collection of rules and procedures and conventions that define accepted accounting practice; includes broad guidelines as well as detailed procedures - [noun denoting group]

Synonyms for gaap in the sense of this definition

(gaap is a kind of ...) several things grouped together or considered as a whole

(gaap is a member of ...) a principle that governs current accounting practice and that is used as a reference to determine the appropriate treatment of complex transactions

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