Generally Accepted Accounting Principles definition

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.
Generally Accepted Accounting Principles or "GAAP" means generally accepted accounting principles in the United States, consistently applied, which are in effect on the date of this Indenture.
Generally Accepted Accounting Principles means those generally accepted accounting principles in the United States of America, as in effect from time to time.

Examples of Generally Accepted Accounting Principles in a sentence

  • Generally accepted accounting principles as in effect in the United States of America from time to time.


More Definitions of Generally Accepted Accounting Principles

Generally Accepted Accounting Principles or “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 as amended and/or modified from time to time. All ratios and computations contained or referred to herein shall be computed in conformity with GAAP applied on a consistent basis.
Generally Accepted Accounting Principles means the standards for accounting and preparation of financial statements established by the Federal Accounting Standards Advisory Board (or its successor agency) or any successor standards adopted pursuant to relevant SEC rule.
Generally Accepted Accounting Principles means such accounting principles as are generally accepted at the time of any computation required hereunder.
Generally Accepted Accounting Principles means the recognised consensus or substantial authoritative support in the territory of a Party, with respect to the recording of revenues, expenses, costs, assets and liabilities; the disclosure of information; and the preparation of financial statements. These standards may encompass broad guidelines of general application as well as detailed standards, practices and procedures;
Generally Accepted Accounting Principles or “GAAP” means generally accepted accounting principles, in effect in Canada, as applied from time to time by the Company in the preparation of its consolidated financial statements.
Generally Accepted Accounting Principles for any Person means the generally accepted accounting principles and practices applied by such Person from time to time in the preparation of its audited financial statements.
Generally Accepted Accounting Principles means, for any Person, the United States generally accepted accounting principles and practices applied by such Person from time to time in the preparation of its audited financial statements.