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</html><thumbnail_url>https://wpcdn.reachreporting.com/wp-content/uploads/2022/08/13161919/GAAP.jpg</thumbnail_url><thumbnail_width>1000</thumbnail_width><thumbnail_height>667</thumbnail_height><description>This article explores GAAP, the set of standards, procedures, and principles that govern financial accounting policies and practices. Learn about the history and importance of GAAP, the organizations responsible for its development, and the ten general principles that make up the core of GAAP. Discover how using GAAP benefits the entire accounting community, including investors, regulators, lenders, and corporate managers.</description></oembed>
