Definition of GAAP


GAAP means United States generally accepted accounting principles.
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GAAP means United States generally accepted accounting principles as in effect from time to time.
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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.
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Examples of GAAP in a sentence

All accounting terms not specifically or completely defined herein shall be construed in conformity with, and all financial data (including financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity with, GAAP applied on a consistent basis, as in effect from time to time, applied in a manner consistent with that used in preparing the Audited Financial Statements, except as otherwise specifically prescribed herein.
All accounting terms not specifically defined herein shall be construed in accordance with GAAP.
Accounting terms not defined in this Agreement shall be construed following GAAP.
The supporting schedules, if any, present fairly in accordance with GAAP the information required to be stated therein.
All such financial statements, including the related schedules and notes thereto, have been prepared in accordance with GAAP applied consistently throughout the periods involved (except as approved by the aforementioned firm of accountants and disclosed therein).



More definitions of GAAP

GAAP means generally accepted accounting principles in the United States of America.
Sample 1 Sample 2 Sample 3


GAAP means generally accepted accounting principles in the United States, consistently applied.
Sample 1 Sample 2 Sample 3

GAAP means generally accepted accounting principles as in effect from time to time in the United States, consistently applied.
Sample 1 Sample 2 Sample 3

GAAP means generally accepted accounting principles in the United States applied on a consistent basis.
Sample 1 Sample 2 Sample 3

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.
Sample 1 Sample 2 Sample 3

GAAP means generally accepted accounting principles, consistently applied.
Sample 1 Sample 2 Sample 3

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 may be approved by a significant segment of the accounting profession of the United States, as in effect on the Issue Date.
Sample 1 Sample 2 Sample 3