The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (SSAP) Definition & Legal Meaning

Law dictionary entry - legal definition of embargo

Definition & Citations:

An organization’s disclosure of accounting policies required by GAAP that must identify (1) accounting principles followed, (2) methods of principle application, (3) how methods affect financial position and (4) appropriateness of principles of accounting.

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