PRC GAAP definition

PRC GAAP means the generally accepted accounting principles in the PRC.
PRC GAAP means generally accepted accounting principles and practices in effect from time to time in the PRC applied consistently throughout the periods involved.
PRC GAAP means the Accounting Standards for Business Enterprises in China issued by the Ministry of Finance of the PRC from time to time;

Examples of PRC GAAP in a sentence

  • Except as otherwise indicated in the notes thereto, the Management Accounts (i) have been prepared in all respects in accordance with the PRC GAAP applied on a consistent basis, (ii) fairly present in all respects the financial condition, operating results and cash flows, as the case may be, of the Group Companies on or for the period as of the Management Accounts Date, and (iii) correspond in all respects with the books and records of the Group Companies.

  • All such books and records are accurately recorded in all respects and have been maintained in accordance with the PRC GAAP and applicable Laws.


More Definitions of PRC GAAP

PRC GAAP means the China Accounting Standards (企业会计准则) as promulgated and amended from time to time and their interpretations, guidelines and implementation rules, which collectively are accepted as generally accepted accounting principles in the PRC.
PRC GAAP means the Accounting Standards for Business Enterprises in the PRC;
PRC GAAP means PRC generally accepted accounting principles.
PRC GAAP means PRC Accounting Standards for Business Enterprises in effect from time to time applied consistently throughout the periods involved.
PRC GAAP means the Accounting Standards for Business Enterprises issued by the Ministry of Finance of the PRC and all applicable guidance, bulletins and other relevant accounting regulations issued thereafter, as amended from time to time;
PRC GAAP means the generally accepted accounting principles in the People’s Republic of China.
PRC GAAP. ’ means the generally accepted accounting principles adopted in the PRC