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).
Located in the northern region of the United Kingdom, off the northwestern coastline of continental Europe, Scotland is bordered by England in the south, and by the Sea of the Hebrides, Atlantic Ocean and North Sea.