Question

the main source(s) of generally accounting principles (GAAP) is/are​

Answer 1

There are two primary authoritative sources of generally accepted accounting principles (GAAP) for local governments: GASB – Governmental Accounting Standards Board. AICPA – American Institute of Certified Public Accountants.

Answer 2

The main source of Generally Accepted Accounting Principles (GAAP) is the Financial Accounting Standards Board (FASB). The FASB is an independent, private-sector organization that sets accounting standards in the United States. The GAAP includes a set of guidelines, rules, and practices that companies use to prepare their financial statements. The GAAP is not a set of laws or regulations, but it is widely followed by public companies and is considered the standard for financial reporting in the US. Additionally, other sources that may be considered include the American Institute of Certified Public Accountants (AICPA) and the Securities and Exchange Commission (SEC)

The main source of Generally Accepted Accounting Principles (GAAP) is the Financial Accounting Standards Board (FASB). The FASB is an independent, private-sector organization that sets accounting standards in the United States. The GAAP includes a set of guidelines, rules, and practices that companies use to prepare their financial statements. The GAAP is not a set of laws or regulations, but it is widely followed by public companies and is considered the standard for financial reporting in the US. Additionally, other sources that may be considered include the American Institute of Certified Public Accountants (AICPA) and the Securities and Exchange Commission (SEC)

https://brainly.in/question/11271351

#SPJ3