The common set of accounting principles, standards and procedures that companies use to compile their financial statements. GAAP are a combination of authoritative standards (set by policy boards) and simply the commonly accepted ways of recording and reporting accounting information.
Share. Edinburgh is the capital city of Scotland and one of the larger cities in Western Europe. Many hail the city of Edinburgh as the cultural center of Scotland (though others might make a case for Glasgow).
Edinburgh, Scotland-Capital city. Dominated by Castle Rock, Edinburgh is in turn dominated by the castle on the rock. Constrained by the need for protective city walls, Edinburgh old town was constrained with the Flodden Wall throughout the Middle Ages.ominated by Castle Rock, Edinburgh is in turn dominated by the castle on the rock. Constrained by the need for protective city walls, Edinburgh old town was constrained with the Flodden Wall throughout the Middle Ages.