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When was GAAP established?

Answer

In 1992, the Auditing Standards Board established the GAAP hierarchy.
Q&A Related to "When was GAAP established?"
The "FASB" - Financial Accounting Standards Board establishes GAAS and GAAP.
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GAAP (generally accepted accounting principles) Is one of the rules for uniform minimum standards for accounting. The GASB (officially established accounting ...
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