Companies' Accounting Principles definition

Companies' Accounting Principles means normal income tax basis accounting principles, consistent with past practices as applied in the ordinary course of business by the Companies. Schedule 1.1(m) lists the known differences between the Companies' Accounting Principles and GAAP.
Sample 1
Companies' Accounting Principles means the same accounting policies, principles, methods, practices, estimates, assumptions and classifications in accordance with the Company Accounting Standards consistently applied by Thales when preparing its consolidated financial statements as at December 31, 2005 and December 31, 2006.
Sample 1
Companies' Accounting Principles mean for the purposes of the Sellers’ Representations and Warranties and the Guarantors’ Representations and Warranties, and the Completion Accounts, the GAAP applicable in the jurisdiction of incorporation of such Company;
Sample 1

Examples of Companies' Accounting Principles in a sentence

  • The Interim Financial Statements and Financial Statements have been prepared in accordance with the Companies' Accounting Principles and present fairly the assets, liabilities, revenues, and expenses on the income tax basis of accounting at the time of their preparation.

  • The Estimated Companies Net Debt Statement shall be prepared by Thales in accordance with the Companies Accounting Standards using the Companies Accounting Principles.

  • PriceWaterhouseCoopers shall have issued a final reconciliation of the Financial Statements referred to at Article 6.6 from Companies Accounting Principles to US GAAP as per Article 6.6 in a form reasonably acceptable to Buyers.


More Definitions of Companies' Accounting Principles

Companies' Accounting Principles means French GAAP adjusted or completed to take into account the accounting practices, methodologies and parameters (including, where applicable, consolidation rules and methods) used by Compagnie de Saint-Gobain and its Affiliates as referred to in Saint Gobain's annual report for fiscal year 1999.
Sample 1

Related to Companies' Accounting Principles

  • Agreement Accounting Principles means generally accepted accounting principles as in effect from time to time, applied in a manner consistent with that used in preparing the financial statements referred to in Section 5.4.

  • Agreed Accounting Principles means GAAP; provided, however, that, with respect to any matter as to which there is more than one generally accepted accounting principle, Agreed Accounting Principles means the generally accepted accounting principles consistently applied in the preparation of the Latest Audited Company Balance Sheet; provided, further, that, for purposes of the Agreed Accounting Principles, no known adjustments for items or matters, regardless of the amount thereof, shall be deemed to be immaterial.

  • 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).

  • Applicable Accounting Principles means, with respect to the Borrower, those accounting principles required by the ICA and prescribed by the SEC for the Borrower and, to the extent not so required or prescribed, GAAP.

  • Generally Accepted Accounting Principles means generally accepted accounting principles, being those principles of accounting set forth in pronouncements of the Financial Accounting Standards Board, the American Institute of Certified Public Accountants or which have other substantial authoritative support and are applicable in the circumstances as of the date of a report.

  • International Accounting Standards means International Accounting Standards (IAS), International Financial Reporting Standards (IFRS) and related Interpretations (SIC-IFRIC interpretations), subsequent amendments to those standards and related interpretations, and future standards and related interpretations issued or adopted by the International Accounting Standards Board (IASB);

  • Australian Accounting Standards refers to the standards of that name, as amended from time to time, that are maintained by the Australian Accounting Standards Board referred to in section 227 of the Australian Securities and Investments Commission Act 2001 (Cth);

  • Applicable Accounting Standards means Generally Accepted Accounting Principles in the United States, International Financial Reporting Standards or such other accounting principles or standards as may apply to the Company’s financial statements under United States federal securities laws from time to time.

  • U.S. GAAP means United States generally accepted accounting principles consistently applied.

  • GAAP means United States generally accepted accounting principles.

  • International Financial Reporting Standards means the accounting standards and interpretations adopted by the International Accounting Standards Board.

  • Accounting Statement means for each financial year, the following statements, namely-

  • MacBride Principles means those principles relating to nondiscrimination in employment and freedom of workplace opportunity which require employers doing business in Northern Ireland to:

  • UK GAAP means generally accepted accounting principles in the United Kingdom.

  • IFRS means the International Financial Reporting Standards as issued by the International Accounting Standards Board.

  • Accounting system means the Contractor's system or systems for accounting methods, procedures, and controls established to gather, record, classify, analyze, summarize, interpret, and present accurate and timely financial data for reporting in compliance with applicable laws, regulations, and management decisions, and may include subsystems for specific areas such as indirect and other direct costs, compensation, billing, labor, and general information technology.

  • Generally accepted auditing standards means Canadian Generally Accepted Auditing Standards as adopted by the Canadian Institute of Chartered Accountants applicable as of the date on which such record is kept or required to be kept in accordance with such standards.

  • Accounting Standards means the standards of accounting or any addendum thereto for companies or class of companies referred to in section 133;

  • Accounting Procedure means the principles and procedures of accounting set out in Appendix C.

  • Accounting Policies means the accounting policies and procedures set out in Part C of Schedule 4 (Accounting Policies);

  • Accounting Standard means GAAP.

  • PRC GAAP means the generally accepted accounting principles in the PRC.

  • Agreed Principles means the terms set out in Part 1 of Schedule 1;