Financial Reporting Accounts definition

Financial Reporting Accounts means those books and records maintained by the Supplier for financial reporting to the Supplier’s parent company(ies) or corporate headquarters, which shall be maintained in accordance with generally accepted accounting principles and which shall be applied on a consistent basis;
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Examples of Financial Reporting Accounts in a sentence

  • Many of these advances are charged to departmental appropriations in the Authority codes at the time the advance is made, and then recorded at year–end as an asset in the Financial Reporting Accounts (if it has not been re–paid).

  • A summary of the Supplier’s current accounting practices for its Financial Reporting Accounts is attached hereto in Schedule 3.

  • According to the Attorney General, The annual $15.1 million share .

  • The following accounting functions are computerized with this system: General Ledger and Financial Reporting, Accounts Payable, Utility Billing, Cash Collections, Miscellaneous Accounts Receivable, and Payroll.

  • Functional Category: Financial Reporting, Accounts Receivable Component: Defense Aircraft Agency (DAA) General Fund Senior Official In Charge: Ms. Buck Fawn, Comptroller, Defense Aircraft Agency Pace of Corrective Action: Year Identified: FY 2009 Original Targeted Correction Date: N/A Targeted Correction Date in Last Year’s Report: N/A Current Target Date: 2nd Qtr, FY 2011Reason for Change in Date: N/A Validation Indicator: All costs will be captured to projects.

  • If Participant shall, in connection with the acquisition of shares of Common Shares under the Plan, make the election permitted under Section 83(b) of the Code, Participant shall provide the Company with a copy of such election within ten (10) days after filing notice of the election with the Internal Revenue Service.

  • It coordinates with Accounting, Financial Reporting, Accounts Payable, and Federal Financial Monitoring Sections to support financial management for the organization.

  • Costs will be ascertained and charged pursuant to the Supplier’s cost accounting practices which the Supplier represents are used for, or are directly reconcilable with, its Financial Reporting Accounts.

  • Business services provided by CAS include; Procurement, which includes Contracts, Purchasing, Shipping, Export, Property Management and Sponsored Projects & Grants; Accounting, which includes Financial Reporting, Accounts Payable, Accounts Receivable and Payroll; and, Business Information Technology (“IT).CAS Accounting is centralized in Tucson, AZ with a support element located in Chile to provide local accounting and reporting services.

  • The following accounting functions are computerized with this system: General Ledger and Financial Reporting, Accounts Payable, Utility Billing, Cash Collections, Cemetery and Payroll.

Related to Financial Reporting Accounts

  • Financial Report means the annual financial report prepared under Chapter 2M of the Corporations Act for the Company and its controlled entities;

  • Financial Reports means the Annual Financial Statements and the Interim Accounts.

  • Financial reporting year means the latest consecutive twelve-month period for which any of the following reports used to support a financial test is prepared:

  • Internal control over financial reporting means a process effected by an insurer’s board of directors, management and other personnel designed to provide reasonable assurance regarding the reliability of the financial statements, i.e., those items specified in Section 5(B)(2) through 5(B)(7) of this regulation and includes those policies and procedures that:

  • Financial Reporting Measures means measures that are determined and presented in accordance with the accounting principles used in preparing the Company’s financial statements, and all other measures that are derived wholly or in part from such measures. Stock price and total shareholder return (and any measures that are derived wholly or in part from stock price or total shareholder return) shall, for purposes of this Policy, be considered Financial Reporting Measures. For the avoidance of doubt, a Financial Reporting Measure need not be presented in the Company’s financial statements or included in a filing with the SEC.

  • Financial Reporting Measure means any measure determined and presented in accordance with the accounting principles used in preparing the Company’s financial statements, and any measures derived wholly or in part from such measures, including GAAP, IFRS and non-GAAP/IFRS financial measures, as well as stock or share price and total equityholder return.

  • Audited financial report means and includes those items specified in Section 5 of this regulation.

  • Financial Records means any document or summary of information contained in a document, including electronic documents, that contains information about the financial activities or position of a person including, but not limited to, information about the assets, balance sheets, budgets, cash flow, earnings, revenue, expenditures, income, investments, losses, liabilities, payroll, profits, retained earnings, or taxes.

  • Reporting Accountants means the auditors of National Grid (but not acting in their capacity as auditors) or such other firm of accountants as may be nominated by National Grid and approved in writing by the Trustee for the purpose or, failing which, as may be selected by the Trustee for the purpose; and

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

  • Call Report means the Call Report(s) (as defined in Section 4102(4) of the SBJA) of the IDI Subsidiary(ies); and (b) if there are multiple IDI Subsidiaries, all references herein or in any document executed or delivered in connection herewith (including the Certificate of Designation, the Initial Supplemental Report and all Quarterly Supplemental Reports) to any data reported in a Call Report shall refer to the aggregate of such data across the Call Reports for all such IDI Subsidiaries.

  • Monthly Reporting Date means the 25th day of each month after the date of this Agreement (or if any such day is not a Business Day, the next succeeding Business Day thereafter).

  • Financial Monitoring Report or “FMR” means each report prepared in accordance with Section 4.02 of this Agreement;

  • Audited Accounts means the audited accounts of the Company and of each of the Subsidiaries and the audited consolidated group accounts of the Group for the financial period ended on the Balance Sheet Date;

  • audited when used in regard to financial statements shall mean an examination of the financial statements by a firm of independent certified public accountants in accordance with generally accepted auditing standards for the purpose of expressing an opinion thereon.

  • Financials means the annual or quarterly financial statements, and accompanying certificates and other documents, of the Borrower and its Subsidiaries required to be delivered pursuant to Section 5.01(a) or 5.01(b).

  • Financial Statements has the meaning set forth in Section 3.06.

  • Monthly Financial Statements is defined in Section 6.2(c).

  • 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.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Management Accounts means the unaudited balance sheet of the Seller as at the Management Accounts Date and the unaudited statements of profit and loss of the Seller for the period commencing from 1st January 2007 and ended on the Management Accounts Date prepared in accordance with US GAAP and in a manner consistent with past practice, copies of which are annexed hereto as Exhibit B.

  • Accounting Policies means GAAP, applied in a manner consistent with the accounting policies, principles, practices and methodologies used in the preparation of the Audited Balance Sheet.

  • Historical Financial Statements means the audited consolidated balance sheets of the Borrower as of December 31, 2006 and December 31, 2005 and the audited consolidated statements of income, stockholders’ equity and cash flows of the Borrower for each of the fiscal years in the three year period ending on December 31, 2006.

  • Financial Statement Date means December 31, 1999.

  • Accounting Restatement means an accounting restatement that the Company is required to prepare due to the material noncompliance of the Company with any financial reporting requirement under the securities laws, including any required accounting restatement to correct an error in previously issued financial statements that is material to the previously issued financial statements, or that would result in a material misstatement if the error were corrected in the current period or left uncorrected in the current period.

  • Accounting Restatement Date means the earlier to occur of (a) the date that the Board, a committee of the Board authorized to take such action, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare an Accounting Restatement, or (b) the date that a court, regulator or other legally authorized body directs the Company to prepare an Accounting Restatement.