Accounting Items definition

Accounting Items means the (I) net profit after tax, (II) cash, (III) investment and (IV) net asset value as stated in any relevant financial statement, and “Accounting Item” means any one of them;
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Accounting Items has the meaning set out in paragraph 48 of the standard GPG13 - Good Practice Guide Protective Monitoring for HMG ICT Systems, October 2012, Issue No: 1.7;
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Examples of Accounting Items in a sentence

  • The intent of the Intercompany Settlement will be to put the Acquired Companies, and its Affiliates as an affiliated group, and the Seller and its Affiliates in the same position as they would have been if (a) there were no Outstanding Intercompany Accounting Items at the time of the Initial Closing and (b) the Intercompany Settlement happened immediately prior to the Initial Closing.

  • The financial system shall be established according to the Accounting System of China and Foreign-invested Enterprise and Accounting Items and Accounting Statements of China and Foreign-invested Industrial Enterprise issued by the People’s Republic of China Financial Department and company’s actual conditions, and carry out after the approval of the Board of Directors.

  • The parties hereto agree to cooperate in good faith to support the Seller in settling the Outstanding Intercompany Accounting Items as soon as practicable following the Initial Closing Date (the “Intercompany Settlement”).