U. S. GAAP definition

U. S. GAAP means U.S. generally accepted accounting principles.
U. S. GAAP has the meaning specified in Section 1.03.

Examples of U. S. GAAP in a sentence

  • Tangible Net Worth The difference between the (i) the sum of paid-in capital stock plus preferred stock plus retained earnings, less (ii) the sum of treasury stock plus minority interest plus intangible assets, including goodwill, patents, and licenses, all determined in accordance with U S GAAP and as interpreted by the Securities and Exchange Commission in connection with financial statements filed pursuant to the Securities Exchange Act of 1934.