Sociology is a science. In fact, a sociologist has to have more personally challenging scientific standards than the more popularly-known sciences such as physics and chemistry, because it is much more challenging to deal with bias and subjectivity.
Generally Accepted Accounting Principles (United States) Generally Accepted Accounting Principles, also called GAAP or US GAAP, is the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC).
What Is GAAP Accounting? GAAP--generally accepted accounting principles--are a common set of accounting rules, standards and procedures. They are used to prepare, present and report financial statements for publicly traded and privately held companies, nonprofit entities and federal and state governments in the United States.