GAAP definition

GAAP means generally accepted accounting principles in the United States.

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GAAP means United States generally accepted accounting principles as in effect from time to time.

GAAP means United States generally accepted accounting principles, consistently applied.

Examples of GAAP in a sentence

All Taxes that are due and payable by Parent or any of its Subsidiaries (whether or not reflected on any Tax Return) have been duly and timely paid or adequate reserves in respect thereof have been established on the financial statements of Parent in accordance with GAAP.
No financial statements of any Person (other than the Company) are required by GAAP to be included or reflected in any of the consolidated financial statements of the Company (including all related notes or schedules) included or incorporated by reference in the Company SEC Documents.
Such internal controls are designed to provide reasonable assurance that (i) transactions are executed in all material respects in accordance with management’s authorization and (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with GAAP and to maintain accountability for each Target Company’s assets.
Each stock option granted by the Company under the Company’s stock option plan was granted (i) in accordance with the terms of the Company’s stock option plan and (ii) with an exercise price at least equal to the fair market value of the Common Stock on the date such stock option would be considered granted under GAAP and applicable law.
All Taxes that are due and payable by the Company or any of its Subsidiaries (whether or not reflected on any Tax Return) have been duly and timely paid or adequate reserves in respect thereof have been established on the financial statements of the Company in accordance with GAAP.

More Definitions of GAAP

GAAP means generally accepted accounting principles in the United States set forth in the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or such other principles as may be approved by a significant segment of the accounting profession in the United States, that are applicable to the circumstances as of the date of determination, consistently applied.

GAAP means Generally Accepted Accounting Principles.

GAAP shall have the meaning ascribed to such term in Section 3.1(h).

GAAP means United States generally accepted accounting principles.

GAAP means generally accepted accounting principles as in effect from time to time in the United States, consistently applied.

GAAP means generally accepted accounting principles set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other entity as have been approved by a significant segment of the accounting profession, which are in effect from time to time.

GAAP means generally accepted accounting principles in the United States of America in effect from time to time.