Generally Accepted Accounting Principles (GAAP)

Generally Accepted Accounting Principles (GAAP) is a collection of commonly followed accounting rules and standards for financial reporting. Coursera's GAAP catalogue teaches you the integral aspects of these accounting principles that are used by businesses and organizations across the globe. You'll learn about the foundational concepts such as the revenue recognition principle, the matching principle, and full disclosure principle, among others. Additionally, you'll gain an understanding of how to interpret and apply these principles in varying financial scenarios and learn to create financial statements in compliance with GAAP. This understanding will help you excel as an accountant, financial analyst, auditor, or any professional dealing with financial reporting and analysis.