Accounting standards or principles adopted generally refers to methods that are acceptable by law or by professional accounting and audit, most of which is coming from below.
Accounting standards or generally accepted accounting refers to accounting, which is recognized by law. Or by the accounting profession And the CPA. This is typically provided by the statute. Accountants and traditions practiced consecutively.
Accounting standards or principles adopted by general refers to the accounting methods, which is acknowledged by the accounting law. Or by the accounting profession. And the CPA mainly, which often comes from the rules.