Generally Accepted Accounting Principles (GAAP)*

Written by Dana Kinsey

Last published at: May 1st, 2019

CommunitySuite is designed to to GAAP Standards. GAAP are the accounting principles set forth by the Financial Accounting Standards Board (FASB) and the American Institute of Certified Public Accountants (AICPA) that guide the work of accountants in reporting financial information and preparing audited financial statements for organizations.