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).
Situated in Scotland's Central Belt, Edinburgh lies on the southern shore of the Firth of Forth. The city centre is 2 1â2 miles (4.0 km) southwest of the shoreline of Leith and 26 miles (42 km) inland, as the crow flies, from the east coast of Scotland and the North Sea at Dunbar.dinburgh lies at the heart of a Functional Urban Area with a population of 834,648. Edinburgh has a high proportion of young adults, with 19.5% of the population in their 20s (exceeded only by Aberdeen) and 15.2% in their 30s which is the highest in Scotland.