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).
The university is deeply embedded in the fabric of the city of Edinburgh, with many of the buildings in the historic Old Town belonging to the university. The University of Edinburgh is ranked 17th in the world by the 2013â14 and 2014â15 QS rankings.