Definition of PRC GAAP

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

Examples of PRC GAAP in a sentence

  1. The Company Group maintains its books of accounts and records in the usual, regular and ordinary manner, on a basis consistent with prior practice, and which permits its Financial Statements (as defined below) to be prepared in accordance with the PRC GAAP or US GAAP.
  2. PRC GAAP means the generally accepted accounting principles in the PRC.
  3. 1.54 Net Assets shall have that meaning as ascribed under PRC GAAP.

Definition of PRC GAAP in Subscription Agreement

PRC GAAP means PRC Accounting Standards for Business Enterprises in effect from time to time applied consistently throughout the periods involved.


Definition of PRC GAAP in Share Purchase Agreement

PRC GAAP means the PRC generally accepted accounting principles.


Definition of PRC GAAP in Exchange Agreement

PRC GAAP means generally accepted accounting principles in the PRC.