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generally accepted



Example Sentences

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Under generally accepted accounting principles, companies reporting related-party transactions must disclose enough information so an outside reader can gain “an understanding of the effects of the transactions on the financial statements.”

From The Wall Street Journal ● Aug. 26, 2026

Those are part of operating income under generally accepted accounting principles.

From The Wall Street Journal ● Jul. 28, 2026

The real estate listings and technology company on Wednesday reported 19 cents a share under generally accepted accounting principles, or GAAP, standards on $708 million in revenue, up 18% from one year prior.

From Barron's ● May 6, 2026

ASC 820 also permits a buyer to use a loan’s NAV as a “practical expedient” if that value was calculated in accordance with generally accepted accounting principles.

From MarketWatch ● Apr. 27, 2026

So in the end our work became generally accepted and nowadays nearly everyone assumes that the universe started with a big bang singularity.

From "A Brief History of Time: And Other Essays" by Stephen Hawking


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