Accounting Standard definition

Accounting Standard means GAAP.

Accounting Standard means IFRS.

Accounting Standard means, with respect to the Licensee, either: (a) International Financial Reporting Standards (“IFRS”); or (b) United States generally accepted accounting principles (“GAAP”), in either case, which standards or principles (as applicable) are currently used at the applicable time, and as consistently applied, by the Licensee.

Examples of Accounting Standard in a sentence

• The unaudited financial statements have been prepared in accordance with International Accounting Standard 34 (Interim Financial Reporting).

• Consistent with Accounting Standard AASB 128, once the investment value is reduced to nil, LBT’s share of further reductions in the net assets of the JV Company are recognised as a provision against the recoverability of the shareholder loans.

• With effect from April 1, 2012, the Company designates such forward contracts in a cash flow hedging relationship by applying the hedge accounting principles set out in Accounting Standard 30- Financial Instruments: Recognition and Measurement.

• In August 2001, the Financial Accounting Standards Board issued Statement of Financial Accounting Standard No. 144, Accounting for the Impairment or Disposal of Long-Lived Assets.

• Emphasis of Matter As described in note 1B, for the year ended December 31, 2014, the Village ceased reporting on a cash basis of accounting comparable to the requirements of Governmental Accounting Standard No. 34 and reported in the accordance with standards established by the Auditor of State for governmental entities that are not required to prepare reports in accordance with general accepted accounting principles, which is similar to the cash receipts and disbursements basis of accounting.

More Definitions of Accounting Standard

Accounting Standard means GAAP. “Affiliate” means, in relation to any person:

Accounting Standard means, either (a) International Financial Reporting Standards (“IFRS”) or (b) United States generally accepted accounting principles (“GAAP”), in either case, which standards or principles (as applicable) are currently used at the applicable time by, and as consistently applied by GNE and Roche.

Accounting Standard means full, complete, and proper books, records, and accounts with regard to the use, operation, management, Maintenance, and Capital Matters with regard to the Premises and with respect to any financial metric set forth therein, the determination of such financial metric on an accrual basis to the extent not inconsistent with GAAP and otherwise in accordance with GAAP, with such exceptions as may be required by the provisions of this Agreement.

Accounting Standard. – means any UK accounting standard published or recognised by the Financial Reporting Council, including for the avoidance of doubt, IFRS, FRS 101 and FRS 102.

Accounting Standard has the meaning set forth in the definition of “Cost of Goods Sold” in this Article 1.

Accounting Standard means, with respect to a Party or its Affiliate or Sublicensee, GAAP or IFRS, as such Party, Affiliate or Sublicensee uses for its financial reporting obligations, in each case consistently applied.

Accounting Standard means the International Financial Reporting Standards or the United States generally accepted accounting principles, actually in use by Denali and consistently applied.