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 Castle is located at the top of the Royal Mile, at the west end of Edinburgh's Old Town. The volcanic Castle Rock offers a naturally defended position, with sheer cliffs to north and south, and a steep ascent from the west.n the early 15th century, another English invasion, this time under Henry IV, reached Edinburgh Castle and began a siege, but eventually withdrew due to lack of supplies. From 1437, Sir William Crichton was Keeper of Edinburgh Castle, and soon after became Chancellor of Scotland.