SSAP 9 definition

SSAP 9 means Statement of Standard Accounting Practice No.9 on Long-term contracts, issued by the Accounting Standards Board;
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SSAP 9 means Statement of Standard Accounting Practice No.9 on
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SSAP 9 means Statement of Standard Accounting Practice No.9 on Long-term contracts, issued by the Accounting Standards Board; “Application Note G” means Application Note G to Financial
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Examples of SSAP 9 in a sentence

  • Provision is made in accordance with SSAP 9 for contracts whose expected contribution does not include a reasonable allocation of overheads.

  • SSAP 72, paragraph 4, allows for a surplus note to be issued, requested and approved after the actual statement date, but prior to the statement filing date, and recorded as a Type I Subsequent Event under SSAP 9, so long as the assets/funds for payment of the note issued are received and in the physical custody of the insurer at the time that the annual financial statement is filed with the Division.

  • In accordance with the SSAP 9 (revised), the Group no longer recognises dividends proposed or declared after the balance sheet date as a liability at the balance sheet date.

  • Stock shall be valued (on a stock-line by stock-line basis) in accordance with SSAP 9 at the lower of cost and net realisable value.

  • As a result, this is a Type II non-recognized subsequent event pursuant to SSAP 9, paragraph 8, and therefore the December Surplus Note should not have been included as assets or Capital & Surplus of the company.