United States Generally Accepted Accounting Principles

GPTKB entity

Predicate	Object
gptkbp:instanceOf	accounting standard
gptkbp:abbreviation	gptkb:US_GAAP
gptkbp:category	gptkb:legislation Finance Accounting
gptkbp:contrastsWith	gptkb:International_Financial_Reporting_Standards
gptkbp:countryOfOrigin	gptkb:United_States
gptkbp:enforcedBy	gptkb:U.S._Securities_and_Exchange_Commission
gptkbp:firstIssueDate	1930s
gptkbp:governingBody	gptkb:Financial_Accounting_Standards_Board
https://www.w3.org/2000/01/rdf-schema#label	United States Generally Accepted Accounting Principles
gptkbp:language	English
gptkbp:predecessor	gptkb:Accounting_Principles_Board
gptkbp:principle	Conservatism principle Cost principle Economic entity assumption Full disclosure principle Going concern assumption Matching principle Monetary unit assumption Revenue recognition principle Time period assumption
gptkbp:purpose	Protect investors Ensure consistency in financial statements Promote transparency in financial reporting
gptkbp:regulates	Financial reporting Financial accounting
gptkbp:relatedTo	gptkb:Sarbanes-Oxley_Act gptkb:FASB_Accounting_Standards_Codification gptkb:International_Financial_Reporting_Standards
gptkbp:usedBy	Private companies in the United States Public companies in the United States
gptkbp:bfsParent	gptkb:Accounting_Standards_Updates gptkb:FASB_Interpretations
gptkbp:bfsLayer	7