International GAAP definition

International GAAP means generally accepted accounting principles outside the United States as in effect from time to time.
International GAAP means U.S. GAAP, U.K. GAAP or IFRS.
International GAAP means generally accepted international accounting principles in effect from time to time.

Examples of International GAAP in a sentence

  • Maintain all financial records in a manner sufficient to permit the preparation of consolidated financial statements in accordance with International GAAP or U.S. GAAP, as the case may be.

  • Financial statements prepared in accordance with International GAAP pursuant to Section 17.1.(3) shall be prepared in both RMB and United States Dollars.

  • An accounting and financial terms used herein unless specifically provided to the contrary herein shall be interpreted and applied in accordance with international generally accepted principles (International GAAP) consistently applied.

  • All such financial statements have been prepared in accordance with International GAAP and a reconciliation to U.S. GAAP has been furnished therewith.

  • In the event of any material difference between the then-applicable Chinese accounting laws and principles and internationally generally accepted accounting principles ("International GAAP"), the Chinese accounting laws and principles shall be followed; however, in order to meet the business and operation needs of the Joint Venture or if required by any Party, the General Manager shall cause additional financial statements of the Joint Venture to be prepared in accordance with International GAAP.


More Definitions of International GAAP

International GAAP means at any time, internationally generally accepted accounting principles and practices as in effect from time to time and applied consistently throughout the periods involved;