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.
Share this set. Generally Accepted Accounting Principles (GAAP) Generally Accepted Accounting Principles are principles, rules, and standards to be followed in preparing and reporting financial statements which are the primary source of information in financial analysis.