Generally Accepted Accounting Principles means the recognised consensus or substantial authoritative support in a Party, with respect to the recording of revenues, expenses, costs, assets and liabilities the disclosure of information and the preparation of financial statements. Related to Generally accepted auditing standards (GAAS Generally accepted auditing standards (GAAS) require that financial statement auditors evaluate whether the related party transaction(s) are adequately disclosed in the financial statements. Generally accepted auditing standards (GAAS) apply to an audit of group financial statements (a group audit). Generally accepted auditing standards (GAAS) refer to this degree of assurance as “reasonable assurance”. Generally accepted auditing standards (GAAS) will restrict the auditor’s ability to provide an unqualified report on statements prepared ona basis other than GAAP. Generally accepted auditing standards (GAAS) require that financial statement auditors evaluate whether the sub-recipient adequately disclosed related party transaction(s) in the financial statements. Generally accepted auditing standards (GAAS), means the auditing standards promulgated by the American Institute of Certified Public Accountants. Generally accepted auditing standards (GAAS) in Brazil are well developed and are broadly similar to ISA. Generally accepted auditing standards (GAAS) require that financial statement auditors evaluate whether the ELC adequately disclosed related party transaction(s) in the financial statements. Generally accepted auditing standards (GAAS) adopted by the American Institute of Certified Public Accountants (AICPA). Examples of Generally accepted auditing standards (GAAS in a sentence
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