generally accepted accounting principles

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Related to Generally Accepted Standards: Generally Accepted Accounting Principles
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Noun1.generally accepted accounting principles - a collection of rules and procedures and conventions that define accepted accounting practice; includes broad guidelines as well as detailed procedures
accounting principle, accounting standard - a principle that governs current accounting practice and that is used as a reference to determine the appropriate treatment of complex transactions
aggregation, collection, accumulation, assemblage - several things grouped together or considered as a whole
References in periodicals archive ?
The subject of this contract is especially regular maintenance and servicing of equipment and air conditioning, chladovch units, fan coil units and exhaust fans in the premises of the University Campus Bohunice in accordance with generally accepted standards in order to maintain good technical condition of all equipment.
The press release further said that regardless of public complaints, the content of advertisement is otherwise contravenes to Section 20 (b), (c) and (f) of the PEMRA Act 2007 read with Article 37 (g) of the Constitution of the Islamic Republic of Pakistan and clauses 14 (1) (3) (d) of Electronic Media Code of Conduct-2015 which inter-alia states that no programme /advertisement is to be aired that is obscene or against the generally accepted standards of decency and morality.
The issuance of such legislations comes as a part of the ongoing effort to follow up the capital markets developments and monitor the market needs as well as modernise the legal infrastructure with further services and procedures that ensure diversity in financial services with updating the regulatory tools to raise the level of disclosure according to the generally accepted standards in the developed markets," QFMA CEO Nasser Ahmed al-Shaibi said.
This decision by Novitas provides further validation that MIS SI joint fusion is supported by strong clinical evidence and confirms that the procedure is consistent with generally accepted standards of medical practice in the medical community and is safe and effective.
If no written contract exists, it is necessary to rely upon generally accepted standards and practices throughout the insurance industry.
The regulator is understood to be investigating the programme on grounds of offensive language and generally accepted standards.
The incident did not raise substantive issues that could have breached our code relating to generally accepted standards," an Ofcom spokesperson said.
It must violate generally accepted standards of decency and morality.
ISLAMABAD, January 29, 2012 (Balochistan Times): PEMRA taking serious notice of creeping unacceptable practices of moral policing by some TV channels has warned them to abstain from indulging in un-ethical journalistic practices whereby any act of the reporter, electronic media journalist, anchor or the TV channel as a whole be assumed in disconformities to generally accepted standards of decency, morality and ethics.
In my opinion, all law enforcement agencies should be required to conform their conduct to generally accepted standards for witness identification, because standards have proven to eliminate extraneous factors of police bias, influence, suggestion, and misleading, which lead to misidentification.
The judgment went on: "Channel 4 did not apply generally accepted standards so as to provide adequate protection for members of the public from this offensive material.
The presenter's interests had been given greater priority than the BBC's responsibility to avoid unwarranted infringements of privacy and minimise the risk of harm and offence and to maintain generally accepted standards.

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