IGAAP definition

IGAAP means the Indian generally accepted accounting principles consistently applied.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

IGAAP means “Indian Generally Accepted Accounting Principles”

IGAAP means generally accepted international accounting principles as from time to time set forth by the statements of International Account Standards issued by the International Accounting Standards Committee;

Examples of IGAAP in a sentence

• IGAAP Ind AS 102 Share-based payment to employees have an option to measure based on the grant date fair value or intrinsic value of the equity instruments issued.

• Thus, an adjustment shall be required to harmonise the differences between IGAAP and Ind AS in the assets, liabilities and reserves of the Transferor Company 4.

• In the case of amounts to be calculated by or using information from Third Parties (for example, Net Sales by Sublicensees), such amounts shall be determined in accordance with IGAAP or GAAP in effect in the country in which such Third Party is established.

• Thus, an adjustment shall be required to harmonise the differences between IGAAP and Ind AS in the assets, liabilities and reserves of the Transferor Company 2 and Transferor Company 3.

• Ranbaxy agrees to determine Net Sales payments using its standard accounting procedures, consistent with this Agreement and with IGAAP or GAAP to the extent practical as if the Product was a solely owned product of Ranbaxy.

• Thus, an adjustment shall be required to harmonise the differences between IGAAP and Ind AS in the assets, liabilities and reserves of the Transferor Company 1.

More Definitions of IGAAP

IGAAP means the Accounting Standards notified under Section 133 of the Companies Act and referred to in the Companies (Accounting Standards) Rules, 2014;

IGAAP means Accounting Standards (‘AS’) specified under Section 133 of the Companies Act read together with paragraph 7 of the Companies (Accounts) Rules, 2014 and the Companies (Accounting Standards) Amendment Rules, 2016, in so far as they apply to banks and the requirements prescribed under the BR Act, circulars, directions and notifications issued by the RBI from time to time;

IGAAP means the Accounting Standards specified by The Institute of Chartered Accountants of India.

IGAAP means U.S. generally accepted accounting principles consistently applied or Indian generally accepted accounting principles, respectively.

IGAAP means “Indian Generally Accepted Accounting Principles”.