Glossary of Terms, Acronyms and Definitions
The glossary is your key to decoding acronyms, terms and definitions throughout the site.
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GAAPGenerally Accepted Accounting Principles | |
GAGASGenerally Accepted Government Auditing Standards | |
GAOU.S. Government Accountability Office. | |
General LocationThe general location based on the location entered in the grant proposal details. | |
Generally Accepted Accounting Principles (GAAP)Accounting standards issued by the GASB and FASB. | |
Generally Accepted Government Auditing Standards (GAGAS)Also known as the Yellow Book, means generally accepted government auditing standards issued by the Comptroller General of the United States, which are applicable to financial audits. | |
Geographic Information System (GIS)A computer system capable of capturing, storing, analyzing, and displaying geographically referenced information, that is, data identified according to location. Practitioners also define a GIS as including the procedures, operating personnel, and spatial data that go into the system (270 FW8). | |
Geographic LocationThe "Geographic Location" is a critical element of the Project Statement to identify the location on the map where the grant activities will take place. | |
GOCOGovernment owned, contactor operated. | |
GrantAn award of financial assistance made by the Federal Government to an eligible grantee to carry out one or more approved projects. | |