IFRS Standards definition
Examples of IFRS Standards in a sentence
Accounting terms not otherwise defined herein have the meanings ascribed thereto under the IFRS Standards.
The accounts of the Limited Partnership shall be kept in accordance with IFRS Standards consistently applied.
In this clause 21: Accounting Principles means US GAAP or, if chosen to be adopted by the Borrower, International Financial Reporting Standards (IFRS Standards) applicable from time to time.
The taxation and accounting in the Company shall be in accordance with the IFRS Standards and applicable tax laws.
The accounts of the Corporate General Partner shall be kept in accordance with IFRS Standards consistently applied.
The below are amended accounting standards that become applicable for annual reporting periods commencing on 1 January 2020: • Interest Rate Benchmark Reform (Amendments to IFRS 9, IAS 39 and IFRS 7) • Definition of a Business (Amendments to IFRS 3) • Definition of Material (Amendments to IAS 1 and IAS 8) • Amendments to References to the Conceptual Framework in IFRS Standards.
Both institutions will continue to support, as appropriate, the dissemination of IFRS Standards, the IFRS for SMEs Standard, and relevant training materials in accordance with the intellectual property rights of both organizations, including translations as applicable.
Through various activities, both institutions will seek to promote a deeper involvement of emerging market and developing economies in the development of IFRS Standards.
The Closing Net Working Capital Statement will be prepared on a combined basis in accordance with the principles set forth on Schedule 2.9(a)(ii) (including any principles providing for exchange rate adjustments) and, to the extent not inconsistent with such principles, in accordance with IFRS Standards applied on a basis consistent with the 2008 Audited Financial Statements and the Unaudited Financial Statements and reflecting all adjustments reflected on the Benchmark Net Working Capital Statement.
Books and Records Proper and complete books, records, and accounts of the Trust shall be kept at the principal office of the Trustee Co. The books and records shall fully and accurately reflect all transactions of the Trust and shall be maintained in conformity with generally accepted accounting principles and applicable legislation, including being in compliance with IFRS Standards.