The AAA protocol, standing for Authentication, Authorization, and Accounting, provides a framework for applications such as network access and IP mobility, as defined in RFC 6733. It involves three key processes: authentication of user identities, authorization of access to resources, and accounting for user activities on the network. Common AAA protocols include RADIUS and TACACS+, with RADIUS being widely utilized for its flexibility and availability, while TACACS+ offers enhanced security and control features.