Generally Unaccepted Accounting Principles, the opposite of GAAP (Generally Accepted Accounting Principles)
If a company decides to do anything that is not GAAP, like managing earnings, they would be following GUAP.
Auditor: They didn't accrue for bad debts so their income is overstated a material amount, that is some serious GUAP!
Auditor: They didn't accrue for bad debts so their income is overstated a material amount, that is some serious GUAP!
by HB Clone August 2, 2011
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by bobie November 18, 2004
Get the wilderness guardians mug.Traditionally, guap has been used as a a way to state that one has a large sum of money.
More recently, guap has been used as an adjective to describe a memorable experience, and generally anything that someone would consider exceptional or impressive.
More recently, guap has been used as an adjective to describe a memorable experience, and generally anything that someone would consider exceptional or impressive.
by Foubs September 12, 2016
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Get the color guard mug.by Andyk32 February 18, 2008
Get the dick guard mug.Is the player who plays the #2 position on a basketball team. Very explosive leaper, with ball handling skills. Can create shot off the dribble or make an assist to other players.Has good range on jumpshot.Runs the floor and delivers hightlight quality dunks. Is a stylish player from the Hip-Hop culture.
Kobe Bryant and Tracy McGrady are the 2 best premiere Dunkadelic Shooting Guards in basketball.Michael Jordan is the best Dunkadelic Shooting Guard of All-Time.The Dunkadelic Shooting Guard and Dunkadelic Small Forward are generally the most prolific scorers on the team.
by Derrick E. Vaughan January 10, 2005
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