Canadian GAAP definition

Examples of Canadian GAAP in a sentence

  • The AcSB strategic plan outlines the convergence of Canadian GAAP with IFRS over an expected five year transitional period.

  • In these financial statements, the term “Canadian GAAP” refers to Canadian GAAP before the adoption of IFRS.

  • These consolidated financial statements have been prepared in accordance with Canadian GAAP.

  • IFRS employs a conceptual framework that is similar to Canadian GAAP.

  • The Company continues to monitor and assess the impact of convergence of Canadian GAAP and IFRS.


More Definitions of Canadian GAAP

Canadian GAAP means Canadian generally accepted accounting principles from time to time approved by the Canadian Institute of Chartered Accountants, or any successor institute, consistently applied and applicable as at the date on which such calculation or action is made or taken or required to be made or taken;
Canadian GAAP means generally accepted accounting principles, and, except as otherwise herein expressly provided, the term “generally accepted accounting principles” with respect to any computation required or permitted hereunder shall mean such accounting principles used in the Company’s annual financial statements contained in the Company’s annual report delivered to its shareholders in respect of the fiscal year immediately prior to the date of such computation, including International Financial Reporting Standards as issued by the International Accounting Standards Board.
Canadian GAAP means generally accepted accounting principles determined with reference to the Handbook;
Canadian GAAP means Canadian generally accepted accounting principles as defined by the Accounting Standards Board of the Canadian Institute of Chartered Accountants in the Handbook of the Canadian Institute of Chartered Accountants applied on a consistent basis.