Academic training alone does not make a medical physicist. Practical experience with medical problems is essential. This experience may be acquired through a residency traineeship or postodoctoral program of one or two years in a hospital.
Generally accepted accounting principles, or GAAP as they are more commonly known, are rules and guidelines that help companies prepare financial statements. What exactly the principles contain varies slightly from jurisdiction to jurisdiction, but in most cases they cover assumptions, basic principles, and basic constraints.
For instance, in the private sector, financial managers and accountants are bound by the Generally Accepted Accounting Principles, or GAAP, methodology for accounting. This is a set of practices, such as the double-entry accounting method, used to ensure financial accuracy and uniformity.