accounting principle

Thesaurus

Noun

1.

accounting principle - a principle that governs current accounting practice and that is used as a reference to determine the appropriate treatment of complex transactionsaccounting standardprinciple - a rule or standard especially of good behavior; "a man of principle"; "he will not violate his principles"GAAP, generally accepted accounting principles - a collection of rules and procedures and conventions that define accepted accounting practice; includes broad guidelines as well as detailed procedures