Examples of Mexican GAAP in a sentence
Results are prepared in accordance with Mexican GAAP (Generally Accepted Accounting Principles).
Loan impairment charges and other differences in presentation under IFRS Mexican GAAP Loan impairment charges are calculated following the rules issued by the Mexican Ministry of Finance and the National Banking and Securities Commission.
Basis of presentation and consolidation Financial statements of the ICA and subsidiaries (the Company) are prepared in accordance with Mexican GAAP.
All accounting and financing terms not specifically defined herein shall be construed in accordance with Mexican GAAP.
Except as set forth in CLAUSE 2.7 of the ----------------------- Disclosure Schedule, the Company has no liability (whether absolute or contingent, liquidated or non-liquidated and whether due or to become due) which by its nature should have been known and which would have been required by Mexican GAAP to be reflected on a balance sheet, except for liabilities shown on the balance sheet referred to in Clause 2.6 (the "Most Recent Balance Sheet").