"Accounting standards established by the Financial Accounting Standards Board to assure that external financial statements are fair representations of the economic circumstances of the company. FASB 13- ""Accounting for Leases-"" details the practices for accounting for leases by both lessors and lessees."
GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP)
Meaning of GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) in English
Finance-Leasing English vocabulary. Английский словарь финансов и лизинга. 2012