FINANCIAL ACCOUNTING AND AUDITS Sample Clauses

FINANCIAL ACCOUNTING AND AUDITS. 16.1 Financial and accounting records The Company shall maintain true and accurate financial and accounting records of all operations in accordance with Indian GAAP, and in accordance with all relevant Indian statutory and accounting standards and the policies from time to time adopted by the Board. The financial statements and Accounts of the Company shall be prepared in English and shall be audited on an annual basis.
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FINANCIAL ACCOUNTING AND AUDITS. 20.1 The Company and the Subsidiaries shall maintain true and accurate financial and accounting records of all operations in accordance with all relevant statutory and accounting standards and the policies provided under the Applicable Law from time to time adopted by the Board. The financial statements and accounts of the Company and the Subsidiaries shall be prepared in English and shall be audited on an annual basis.
Sample 1

Related to FINANCIAL ACCOUNTING AND AUDITS

  • Accounting and Fiscal Year Subject to Section 448 of the Code, the books of the Company shall be kept on such method of accounting for tax and financial reporting purposes as may be determined by the Management Committee. The Fiscal Year of the Company shall be the calendar year.

  • Accounting and Records The books and records of the Company shall be made and maintained, and the financial position and the results of its operations recorded, at the expense of the Company, in accordance with such method of accounting as is determined by the Managing Member. The books and records of the Company shall reflect all Company transactions and shall be made and maintained in a manner that is appropriate and adequate for the Company’s business.

  • Accounting Matters Unless otherwise stated, all accounting terms used in this Agreement shall have the meanings attributable thereto under IFRS and all determinations of an accounting nature required to be made hereunder shall be made in a manner consistent with IFRS.

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