Argentine GAAP definition

Argentine GAAP means generally accepted accounting principles in Argentina.

Argentine GAAP has the meaning set forth in the fifth recital to this Indenture.

Argentine GAAP means generally accepted accounting principles in Argentina in accordance with accounting principles adopted by the Professional Council in Economic Sciences of the Autonomous City of Buenos Aires and in accordance with the accounting regulations adopted by the CNV applicable to all public companies in Argentina.

Examples of Argentine GAAP in a sentence

• Pursuant to Argentine GAAP, those restructured loans and liabilities, for which modification of original conditions imply a substitution of instruments, must be recorded on the basis of the best possible estimate of the amounts receivable or payable discounted at a market rate that reflects market evaluations on the time value of money and the specific risks of such assets and liabilities at the time of restructuring.

• Pursuant to Argentine GAAP, those allowances must be estimated based on the recoverability risk of assets.

• This criterion is not in line with Argentine GAAP, under which financial statements are to be restated until September 30, 2003.

• Pursuant to Argentine GAAP in force, the income tax must be recognized using the deferred tax method and, therefore, deferred tax assets or liabilities must be established based on the aforementioned temporary differences.

• Pursuant to Argentine GAAP, the negative goodwill that is not related to expenses estimations or estimated future losses should be recognized as a gain at the time of the purchase.

More Definitions of Argentine GAAP

Argentine GAAP means generally accepted accounting principles in Argentina as established from time to time by the Consejo Profesional de Ciencias Economicas.

Argentine GAAP means generally accepted accounting principles in Argentina, from time to time.

Argentine GAAP means generally accepted accounting principles in Argentina, effective and applicable to the Company.

Argentine GAAP means generally accepted accounting principles in Argentina in accordance with accounting principles adopted by the Professional Council in Economic Sciences of the Autonomous City of Buenos Aires, or CPCECABA, and in accordance with the accounting regulations adopted by the CNV applicable to all public companies in Argentina. As used herein, any reference to Argentine GAAP relating to calculation of consolidated financial information for the Issuer and its Subsidiaries (excluding Telecom Personal and its Subsidiaries) shall mean conformity to such principals except for the elimination of Telecom Personal and its Subsidiaries in consolidation. In the event Argentine GAAP should require in the future the application of inflation adjustments, calculations made hereunder shall be made using non-inflation adjusted figures.

Argentine GAAP means generally accepted accounting principles -------------- as applied in Argentina.

Argentine GAAP means generally accepted accounting principles in Argentina, as in effect from time to

Argentine GAAP means generally accepted accounting principles as required to be applied by CNV and as in effect from time to time in Argentina.