Taiwanese GAAP definition

Taiwanese GAAP means generally accepted accounting principles in theR.O.C. applying to the life insurance industry;
Sample 1
Taiwanese GAAP means Taiwan generally accepted accounting principles as in effect from time to time, consistently applied.
Sample 1

Examples of Taiwanese GAAP in a sentence

  • CHS reported that under Taiwanese GAAP and IAS, costs associated with these lines were capitalized until the line was operating “in the manner intended by management,” which occurred in August 2013.

  • Petitioners assert the fact that Lucky Medsup’s affiliation with Chia Far is not noted in the financial statements examined by the Department is irrelevant because there is no evidence that the definition of affiliated parties under Taiwanese GAAP is identical to that in the Act.

  • YUSCO notes that Taiwanese GAAP and the cited accounting provision only require a description of the transactions between affiliated parties, rather than a list of all affiliated parties, including those with which the company did not have transactions.

  • The related party disclosures in YUSCO’s financial statements are consistent with Taiwanese GAAP, and the accounting provision cited by petitioners because they include the names of the related companies with which YUSCO had transactions and describe those transactions.

  • Moreover, petitioners state that YUSCO’s financial statements are inconsistent with the related party disclosure requirements under U.S. GAAP and possibly under Taiwanese GAAP (if the requirements are the same as U.S. GAAP).

  • All players nominated for doubles must be on-site at the time of nomination.

  • Even if the related party rules are not the same under both countries’ GAAP, and YUSCO’s financial statements comply with Taiwanese GAAP, petitioners contend that under 19 U.S.C. 1677(b)(f)(1) the Department should conclude that Taiwanese GAAP is unreasonable and reject YUSCO’s financial statements.

  • The aforementioned Spin-Off Assets and Spin-Off Liabilities are estimates as of the Effective Date on the basis of pro-forma figures applying Taiwanese GAAP as of 31 December 2016.

  • However, almost all listed high-tech companies in Taiwan have been similarly diluting the non-management shareholders over the past several years in varying degrees.Employee bonus shares per se are not unique to Taiwan, but what is distinctive is that the Taiwanese GAAP (Generally Accepted Accounting Practices) requires companies to expense only the par value (usually NT$10) of such shares in the income statement.

  • The respondent added that “we sent questionnaires to all subsidiaries to see the difference [in financial reporting results] between Taiwanese GAAP and IFRS.” In the light of this enquiry, the respondent reported that “there was no obvious benefit [of adopting IFRS earlier].” Consistent with Company TA not choosing to adopt IFRS early, its perceived net benefit from adoption, by the metric (B-C), was negative.

Related to Taiwanese GAAP

  • UK GAAP means generally accepted accounting principles in the United Kingdom.

  • U.S. GAAP means United States generally accepted accounting principles.

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

  • Canadian GAAP means Generally Accepted Accounting Principles as provided in the Handbook of the Canadian Institute of Chartered Accountants.

  • GAAP means United States generally accepted accounting principles.

  • IFRS means the International Financial Reporting Standards as issued by the International Accounting Standards Board.

  • Brazilian GAAP means, collectively, the accounting principles prescribed by Brazilian Corporate Law, the rules and regulations issued by applicable regulators, including the CVM, as well as the technical releases issued by the Brazilian Institute of Accountants (Instituto Brasileiro de Contadores), in each case as in effect from time to time.

  • SAP means the SAP entity that has entered into this Agreement, as well its Affiliates.

  • Agreement Accounting Principles means generally accepted accounting principles as in effect from time to time, applied in a manner consistent with that used in preparing the financial statements referred to in Section 5.4.

  • Accounting Principles means the international financial reporting standards (IFRS) within the meaning of Regulation 1606/2002/EC (or as otherwise adopted or amended from time to time).

  • Agreed Accounting Principles means GAAP; provided, however, that, with respect to any matter as to which there is more than one generally accepted accounting principle, Agreed Accounting Principles means the generally accepted accounting principles consistently applied in the preparation of the Latest Audited Company Balance Sheet; provided, further, that, for purposes of the Agreed Accounting Principles, no known adjustments for items or matters, regardless of the amount thereof, shall be deemed to be immaterial.

  • UK generally accepted accounting principles and practices means the principles and practices prevailing from time to time in the United Kingdom which are generally regarded as permissible or legitimate by the accountancy profession irrespective of the degree of use.

  • GAAS means generally accepted auditing standards in the United States.

  • HKFRS Hong Kong Financial Reporting Standards issued by the Hong Kong Institute of Certified Public Accountants

  • Fixed GAAP Date means the Issue Date; provided that at any time after the Issue Date, the Company may by written notice to the Trustee elect to change the Fixed GAAP Date to be the date specified in such notice, and upon such notice, the Fixed GAAP Date shall be such date for all periods beginning on and after the date specified in such notice.

  • Australian Accounting Standards refers to the standards of that name, as amended from time to time, that are maintained by the Australian Accounting Standards Board referred to in section 227 of the Australian Securities and Investments Commission Act 2001 (Cth);

  • Generally Accepted Accounting Principles means the standards for accounting and preparation of financial statements established by the Federal Accounting Standards Advisory Board (or its successor agency) or any successor standards adopted pursuant to relevant SEC rule.

  • Mexican GAAP means generally accepted accounting principles in Mexico in effect on the Issue Date.

  • International Accounting Standards means International Accounting Standards (IAS), International Financial Reporting Standards (IFRS) and related Interpretations (SIC-IFRIC interpretations), subsequent amendments to those standards and related interpretations, and future standards and related interpretations issued or adopted by the International Accounting Standards Board (IASB);

  • SSAP means a sporting sanctions appeal panel to be appointed to determine an appeal against a deduction of points under Rule 13.

  • IAS means International Accounting Standards.

  • South Caucasus/Central and South Asian (SC/CASA) state means Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkmenistan, or Uzbekistan.

  • Fixed GAAP Terms (a) the definitions of the terms “Capitalized Lease Obligation,” “Consolidated Depreciation and Amortization Expense,” “Consolidated Interest Expense,” “Consolidated Net Income,” “Consolidated Tangible Assets,” “Consolidated Working Capital,” “EBITDA,” “ECF CNI,” “Excess Cash Flow,” “Fixed Charge Coverage Ratio,” “Fixed Charges,” “Funded Debt,” “Indebtedness,” “Investments,” “Net Income,” “Senior Secured Indebtedness” and “Senior Secured Indebtedness to EBITDA Ratio,” (b) all defined terms in this Agreement to the extent used in or relating to any of the foregoing definitions, and all ratios and computations based on any of the foregoing definitions, and (c) any other term or provision of this Agreement or the other Loan Documents that, at the Borrower’s election, may be specified by the Borrower by written notice to the Administrative Agent from time to time.

  • ROC means the Republic of China.

  • International Financial Reporting Standards means the accounting standards and interpretations adopted by the International Accounting Standards Board.

  • Applicable Accounting Principles means, with respect to the Borrower, those accounting principles required by the ICA and prescribed by the SEC for the Borrower and, to the extent not so required or prescribed, GAAP.