Generally Accepted Accounting Principles

Generally Accepted Accounting Principles (GAAP). A widely accepted set of rules, conventions, standards, and procedures for reporting financial information, as established by the Financial Accounting Standards Board (FASB), including, but not limited to, the standards for casino accounting published by the American Institute of Certified Public Accountants (AICPA).

Source

25 CFR § 543.2

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Scoping language

The definitions in this section apply to all sections of this part unless otherwise noted.

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