PRC GAAP definition

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 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.

Examples of PRC GAAP in a sentence

  • The 2023 financial statements of the Bank prepared in accordance with PRC GAAP and IFRSs have been audited by Deloitte Touche Tohmatsu Certified Public Accountants LLP and Deloitte Touche Tohmatsu, respectively.


More Definitions of PRC GAAP

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;