Code of Federal Regulations (Last Updated: October 10, 2024) |
Title 2 - Grants and Agreements |
Subtitle A - Office of Management and Budget Guidance for Grants and Agreements |
Chapter II - Office of Management and Budget Guidance |
Part 200 - Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards |
Subpart A - Acronyms and Definitions |
Acronyms |
§ 200.49 - Generally Accepted Accounting Principles (GAAP).
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§ 200.49 Generally Accepted Accounting Principles (GAAP).
GAAP has the meaning specified in accounting standards issued by the Government Accounting Standards Board (GASB) and the Financial Accounting Standards Board (FASB).