You are currently not signed in. Any products you have purchased will not be available until you Sign In.
For a personalized walk-through of IRMI Online, Request a Demo.

generally accepted accounting principles (GAAP)

Accounting method designed to match revenue and expense on a "going concern" basis—that is, assuming an entity continues in business. The principles are developed by the Financial Accounting Standards Board (FASB). For insurers, the American Institute of Certified Public Accountants (AICPA) publishes Audit and Accounting Guides, applying GAAP to an insurance entity.


Social Media

User ID: Subscriber Status:Free