Accounting Principles definition

Accounting Principles means the international financial reporting standards (IFRS) within the meaning of Regulation 1606/2002/EC (or as otherwise adopted or amended from time to time).

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Accounting Principles means the accounting methods and principles set forth on Exhibit A.

Accounting Principles means accounting principles as defined in National Instrument 52-107 Acceptable Accounting Principles and Auditing Standards;

Examples of Accounting Principles in a sentence

The Initial Closing Statement shall be prepared in accordance with the Accounting Principles and the definitions contained in this Agreement.
This Annex A sets forth details of the Accounting Principles that will be used for determining Indebtedness and Working Capital for the purposes of the Estimated Closing Statement, the Estimated Working Capital Statement, and the Estimated Indebtedness Adjustment (collectively, the “Statements”).
For these purposes, “net worth” is the excess of total assets over total liabilities as determined in accordance with Generally Accepted Accounting Principles, exclusive of home, home furnishings, and automobiles.
For the avoidance of doubt, the parties agree that the purpose of the Post-Closing Adjustment is not intended to permit the introduction of different accounting methods, policies, principles, practices, procedures, classifications or methodologies or to correct for any errors or omissions in the Business Financial Statements, in each case unless explicitly required by the Accounting Principles.
The Accounting Principles shall be applied regardless of any breach of representation or warranty in this Agreement and regardless of any aspect of the Business Financial Statements that is not compliant with GAAP.

More Definitions of Accounting Principles

Accounting Principles means in accordance with GAAP as in effect at the date of the financial statement to which it refers or if there is no such financial statement, then as of the Closing Date, using and applying the same accounting principles, practices, procedures, policies and methods (with consistent classifications, judgments, elections, inclusions, exclusions and valuation and estimation methodologies) used and applied by the Target Companies in the preparation of the latest audited Company Financials.

Accounting Principles means the accounting principles utilized in the preparation and presentation of the management statements, the Unaudited Financial Statements and the Pro Forma Financial Statements.

Accounting Principles means international financial reporting standards (IFRS) within the meaning of Regulation 1606/2002/EC (or as otherwise adopted or amended from time to time as applied by the Issuer in preparing its annual consolidated financial statements.

Accounting Principles means the international financial reporting standards (IFRS) within the meaning of Regulation 1606/2002/EC (or as otherwise adopted or amended from time to time/as in force on the Issue Date) as applied by the Issuer in preparing its annual consolidated financial statements.

Accounting Principles means the principles, practices, procedures and methodologies set forth on the Schedule 1.1(a).

Accounting Principles means the generally accepted accounting principles, standards and practices in Sweden (including IFRS) as applied by the Issuer in preparing its annual consolidated financial statements.

Accounting Principles means GAAP and, to the extent not inconsistent with GAAP, using the same accounting methods, practices, principles, policies and procedures, with consistent classifications, judgments and valuation and estimation methodologies that were used in the preparation of the Financial Statements for the most recent fiscal year end as if such accounts were being prepared and audited as of a fiscal year end.