Generally Accepted Accounting Principles (GAAP)
GPTKB entity
Statements (57)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:International_Organization_for_Standardization
|
| gptkbp:developed_by |
gptkb:Financial_Accounting_Standards_Board_(FASB)
|
| gptkbp:ensures |
consistency in financial statements
|
| gptkbp:governs |
financial reporting
|
| https://www.w3.org/2000/01/rdf-schema#label |
Generally Accepted Accounting Principles (GAAP)
|
| gptkbp:includes |
matching principle
inventory valuation methods cost principle depreciation methods economic entity assumption full disclosure principle going concern assumption monetary unit assumption principles of revenue recognition revenue recognition standards time period assumption |
| gptkbp:is_a_basis_for |
financial modeling
|
| gptkbp:is_a_foundation_for |
financial literacy
|
| gptkbp:is_a_framework_for |
internal controls
performance measurement accounting practices |
| gptkbp:is_a_guide_for |
risk management
financial forecasting |
| gptkbp:is_a_reference_for |
financial analysts
|
| gptkbp:is_a_tool_for |
financial decision making
|
| gptkbp:is_aligned_with |
ethical accounting practices
|
| gptkbp:is_based_on |
historical cost
|
| gptkbp:is_critical_for |
financial analysis
|
| gptkbp:is_different_from |
gptkb:International_Financial_Reporting_Standards_(IFRS)
|
| gptkbp:is_essential_for |
gptkb:investors
tax reporting regulatory agencies financial transparency creditors |
| gptkbp:is_influenced_by |
economic conditions
|
| gptkbp:is_recognized_by |
gptkb:the_SEC
|
| gptkbp:is_referenced_in |
financial audits
|
| gptkbp:is_standardized_by |
corporate governance
financial disclosures financial compliance financial integrity |
| gptkbp:is_subject_to |
legal regulations
|
| gptkbp:is_taught_in |
accounting education programs
|
| gptkbp:is_updated_by |
FASB regularly
|
| gptkbp:is_used_by |
publicly traded companies
|
| gptkbp:is_used_for |
preparing financial statements
|
| gptkbp:is_used_to |
evaluate company performance
|
| gptkbp:performance |
accounting practices
|
| gptkbp:provides |
guidelines for auditors
|
| gptkbp:requires |
mergers and acquisitions
public companies bank loans accrual basis accounting financial disclosures in IPOs |
| gptkbp:used_in |
gptkb:United_States
|
| gptkbp:bfsParent |
gptkb:SAP_Financial_Management
|
| gptkbp:bfsLayer |
5
|