IGAAP definition

IGAAP means the Indian generally accepted accounting principles consistently applied.
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IGAAP means “Indian Generally Accepted Accounting Principles”
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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;
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Examples of IGAAP in a sentence

  • Accordingly, financial statements of the Bank are continued to be prepared under IGAAP.

  • The Bank has already submitted IGAAP converted proforma Ind AS financial statements to RBI up to HYE September 30, 2020 as per the above circular.

  • At present, SIDBI is making use of Excel Sheets for conversion of IGAAP financial statements into Ind- AS Financial Statements.

  • At present, SIDBI is making use of Excel Sheets for conversion of IGAAP financial statements into Ind-AS Financial Statements.


More Definitions of IGAAP

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;
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IGAAP means the Accounting Standards notified under Section 133 of the Companies Act and referred to in the Companies (Accounting Standards) Rules, 2014;
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IGAAP means U.S. generally accepted accounting principles consistently applied or Indian generally accepted accounting principles, respectively.
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IGAAP means “Indian Generally Accepted Accounting Principles”.
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IGAAP means the Accounting Standards specified by The Institute of Chartered Accountants of India.
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Related to IGAAP

  • GAAP means generally accepted accounting principles in the United States of America.

  • U.S. GAAP means United States generally accepted accounting principles consistently applied.

  • PRC GAAP means the generally accepted accounting principles in the PRC.

  • IFRS means International Financial Reporting Standards.

  • Canadian GAAP means Generally Accepted Accounting Principles as provided in the Handbook of the Canadian Institute of Chartered Accountants.

  • SAP means the SAP entity that has entered into this Agreement, as well its Affiliates.

  • Accounting Principles means the international financial reporting standards (IFRS) within the meaning of Regulation 1606/2002/EC (or as otherwise adopted or amended from time to time).

  • Agreement Accounting Principles means generally accepted accounting principles as in effect from time to time, applied in a manner consistent with that used in preparing the financial statements referred to in Section 5.4.

  • Balance Sheet has the meaning set forth in Section 3.06.

  • Current Liabilities are all obligations and liabilities of Borrower to Bank, plus, without duplication, the aggregate amount of Borrower’s Total Liabilities that mature within one (1) year.

  • IAS means International Accounting Standards.

  • Interim Balance Sheet has the meaning set forth in Section 3.06.

  • Accounting Standard means GAAP.

  • Consolidated Financial Statements means, with respect to any Person, collectively, the consolidated financial statements and notes to those financial statements, of that Person and its Consolidated Subsidiaries prepared in accordance with GAAP.

  • Company Balance Sheet means the consolidated balance sheet of the Company and its Subsidiaries as of December 31, 2016 and the footnotes thereto set forth in the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2016.