Israeli GAAP definition

Israeli GAAP means generally accepted accounting principles applicable in Israel, consistently applied throughout the respective periods covered.

Israeli GAAP means generally accepted accounting principles in Israel applicable to banks.

Israeli GAAP means Israeli generally accepted accounting principles, consistently applied.

Examples of Israeli GAAP in a sentence

• In other matters, which are less material, the directives are based on international financial reporting standards (IFRS) and on accepted accounting principles in Israel (Israeli GAAP).

• The Board of directors and Management are responsible for the preparation and presentation of this interim financial information in accordance with generally accepted accounting principles in Israel (Israeli GAAP) for interim accounting and in accordance with the directives and guidelines of the Supervisor of Banks.

• Use of estimates Preparation of financial statements in accordance with generally accepted accounting principles in Israel (Israeli GAAP) and with the directives and guidelines of the Supervisor of Banks requires Management to use judgment, make estimates and assumptions which affect the implementation of the accounting policy and the reported amounts of assets and liabilities and the amounts of income and expenses.

• The condensed consolidated interim financial statements are prepared in accordance with accounting principles accepted in Israel (Israeli GAAP) as well as in accordance with directives and guidelines of the Supervisor of Banks, and do not include all the information required in full annual financial statements.

• Financial reporting principlesThe financial statements of he Bank are prepared in accordance with accepted accounting principles in Israel (Israeli GAAP) and in accordance with the public reporting instructions and guidelines of the Supervisor of Banks.

• PRESENTATION OF NET LONG-TERM LIABILITIES IN RESPECT OF EMPLOYEES Under U.S. GAAP, assets and liabilities relating to severance arrangements are to be presented separately and are not to be offset, while according to Israeli GAAP such an offset is required.

• Zhu Qingfang, "The Urban-Rural Gap and Social Problems in the Countryside," Chinese Law and Government, Jan-Feb, 1995, Vol.

• F amily and Medical Leave: If You are granted a leave of absence, in writing, according to the Family and Medical Leave Act of 1993, or other applicable state or local law, Your coverage may be continued for up to 12 weeks, or 26 weeks if You qualify for Family Military Leave, or longer if required by other applicable law, following the date Your leave commenced.

• According to Israeli GAAP, quoted securities which meet the definition of 'current investments' are stated at market value and any changes in their value are shown in the income statement.

• A review is substantially smaller in scope than an audit performed pursuant to Israeli GAAP and, as a result, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit.

More Definitions of Israeli GAAP

Israeli GAAP means generally accepted accounting principles in Israel as in effect at the time during which the Audited Financial Statements were prepared, applied consistently with those used to prepare the Audited Financial Statements.

Israeli GAAP means generally accepted accounting principles in the State of Israel as in effect from time to time.

Israeli GAAP means the generally accepted accounting principles as promulgated by the Institute of Certified Public Accountants in Israel as consistently applied by Seller.

Israeli GAAP means Israeli generally accepted accounting principles as promulgated by the Israeli Certified Public Accountants Council and the Israeli Certified Public Accountants Bureau and in effect from time to time.

Israeli GAAP means Israeli generally accepted accounting principles;

Israeli GAAP means generally accepted accounting principles in Israel, consistently applied, as in effect at the time covered by the applicable financial statements.