Accounting Practice definition

Accounting Practice means United States generally accepted accounting principles in accordance, as applicable, with FERC’s “Uniform System of Accounts Prescribed for Public Utilities and Licensees Subject to the Provisions of the Federal Power Act”, as the same may be modified, amended or supplemented from time to time.
Accounting Practice means a business carried on by either of the following:
Accounting Practice means a business carried out by either of the following:

Examples of Accounting Practice in a sentence

  • In accordance with FAR 52.230-6, Administration of Cost Accounting Standards, and FAR 52.230-7, Proposal Disclosure-Cost Accounting Practice, Contractors shall notify the ACO and designated OCO on individual Orders, in writing, if there are any changes to Cost Accounting Practices and provide the reason(s) for the change.

  • Any property, land or land rights added to the San ▇▇▇▇ Project or the substitution, replacement, enlargement or improvement of any Units of Property, structures, facilities, equipment, property, land or land rights constituting a part of the San ▇▇▇▇ Project, which in accordance with Accounting Practice would be capitalized, and also including the costs of removal, salvage or disposal of any Units of Property being replaced or substituted.

  • Transmission Owner will maintain complete and accurate books and records of all of its material activities performed in connection with the Services during the Term in accordance with Good Utility Practice and Accounting Practice.

  • Transmission Owner shall also maintain and retain for such time as Transco may reasonably direct, but, unless required by applicable Law or Accounting Practice, not for longer than six (6) years, the books and other records needed to document the Direct Costs and Indirect Costs Transmission Owner incurs as a result of fulfilling its obligations under this Agreement.

  • Borrower shall have the right to pay such tax under protest or to otherwise contest any such tax or assessment, but only if (a) such contest has the effect of preventing the collection of such taxes so contested and also of preventing the sale or forfeiture of any property subject thereto, (b) Borrower has notified Lender of its intent to contest such taxes, and (c) adequate reserves for the liability associated with such tax have been established in accordance with Good Accounting Practice.


More Definitions of Accounting Practice

Accounting Practice means the activities of a member including those who provide Public Accounting Services through an Approved Practice Entity (in accordance with the requirements of By-Law 9.3 of the By-Laws).
Accounting Practice means Australian Accounting Standards or, if these do not provide relevant guidance, a generally used accounting treatment.
Accounting Practice means a business carried on by either of
Accounting Practice means the Initial Accounting Practice or such modifications thereof as may from tune to time be required by virtue of a Change of Accountancy Practice (but with no other modification); "Accounting Standards" means insofar as the same are applicable to the Lessor or any member of the Lessor's Group: (a) the accounting requirements of the Companies Acts; (b) statements of Standard Accounting Practice, Financial Reporting Standards and any other accounting standards having the like effect as Financial Reporting Standards issued by the Accounting Standards Board from time to time or such body or bodies as may be prescribed by regulations pursuant to Section 256 of the Companies ▇▇▇ ▇▇▇▇ (subject to clause 1.4); (c) any statement, guideline, ruling or notice from time to time issued and having such effect that compliance therewith by UK companies of a standing and business type comparable to the Lessor (or as the case may be the relevant member of the Lessor's Group) is customary, by any of the following: (i) Accounting Standards Board (ii) Accounting Standards Committee (iii) Financial Reporting Review Panel (iv) Any group or body set up by any of the above for any purpose including (without limitation) the Urgent Issues Task Force of the Accounting Standards Board.
Accounting Practice means a member or an approved practice entity (that meets the requirements of By-Law 9.3 of CPA Australia’s By-Laws) which provides public accounting services.
Accounting Practice means accounting, auditing of financial statements, financial reporting services, corporate reporting services, management accounting services, financial services, financial consultancy services, risk analysis, investment services, cost accounting services and other related financial services (Hon. Julius Ihonvbere
Accounting Practice means: (a) in the case of the consolidated accounts for Compass Consulting Group Holdings Limited and its subsidiaries, the practice of preparing accounts in compliance with all applicable laws and accounting conventions, principles and practices generally accepted in the UK as at the Accounts Date required to be used in the preparation of accounts; (b) in the case of the individual accounts of each of the Subsidiaries, the practice of preparing accounts in compliance with all applicable laws and accounting conventions, principles and practices generally accepted in the country of its incorporation as at the Accounts Date required to be used in the preparation of accounts; and (c) in the case of the Company and CCGH No.2 Limited the practice referred to in (a) above shall apply for any period, (save that paragraph (b) of this definition shall be excluded for the purposes of Schedule 7)