The length of validity for U.S. passports depends on the age of the passport holder when the passport was obtained and the type of passport issued.
What are 'Generally Accepted Accounting Principles - GAAP'. Generally accepted accounting principles (GAAP) are a common set of accounting principles, standards and procedures that companies must follow when they compile their financial statements.
Those guidelines are called generally accepted accounting principles or GAAP. Generally accepted accounting principles (GAAP) are actually based on fundamental accounting principles and concepts. This chapter covers the core concepts in accounting that you need to know before moving on to the more intricate topics. Lesson 1.