Italian GAAP means generally accepted accounting principles in Italy.
Italian GAAP means generally accepted Italian accounting principles as in effect in the Republic of Italy on the date of this Agreement recommended by the "Consigli Nazionali dei Dottori Commercialisti e dei Ragionieri" and the accounting principles and rules set out in the Italian Civil Code applied consistently with past practice.
Italian GAAP. The term "Italian GAAP" means the accounting standards approved by the National Councils of "Dottori Commercialisti e Ragioneri," and in the absence thereof, those issued by the International Accounting Standards Committee.
Examples of Italian GAAP in a sentence
The Italian branch incurs Italian tax on the Italian GAAP profits arising in the Italian branch.
More Definitions of Italian GAAP
Italian GAAP means the rules of Italian Law applicable to the drafting of financial statements, as integrated by, interpreted and applied in accordance with the accounting principles (principi contabili) issued by (x) the Xxxxxxxxx Nazionale dei Dottori Commercialisti and the Xxxxxxxxx Nazionale dei Ragionieri, as amended by the OIC (Organismo Italiano di Contabilità), and (y) directly by the OIC (Organismo Italiano di Contabilità), in each case in effect as of the reference date of the financial statements.
Italian GAAP means the rules of the Code dealing with annual financial statements and the Italian generally accepted accounting principles as issued by the Organismo Italiano di Contabilità (OIC) or, in their absence, the International Financial Reporting Standards as issued by the International Accounting Standards Board (IASB) of the IFRS Foundation, in each case applied on a basis that is consistent with past practice.
Italian GAAP means Italian generally accepted accounting principles. "Liens" means any claim, mortgage, deed of trust, pledge, security
Italian GAAP means collectively accounting principles prescribed by Italian law and supplemented by the accounting principles issued by the Consiglio Nazionale dei Dottori Commercialisti e dei Ragionieri, consistently applied.
Italian GAAP means the accounting principles set forth in the ICC as defined and interpreted by OIC (“Organismo Italiano Contabilitá”) and by the Italian Accountants’ Organization (“Consigli Nazionali dei Dottori Commercialisti e dei Ragionieri”) as in effect as of the relevant time.
Italian GAAP shall have the meaning set forth in Section 4.02(g).
Italian GAAP. ’ means the Italian law governing the preparation of consolidated financial statements, as interpreted and integrated by the accounting principles established by the Organismo Italiano di Contabilita`—OIC;