U.S. GAAP definition
Examples of U.S. GAAP in a sentence
CRI’s historical financial information was prepared in accordance with U.S. GAAP and presented in USD.
The CDM Business’s historical financial information was prepared in accordance with IFRS and is presented in CAD, but has been converted to U.S. GAAP and translated into USD and include certain reclassifications to align with CRI’s historical presentation.
The reserve for bad debts shown on the Interim Balance Sheet or, with respect to accounts receivable arising after the Interim Balance Sheet Date, on the accounting records of the Subsidiary have been determined in accordance with U.S. GAAP, consistently applied, subject to normal year end adjustments and the absence of disclosures normally made in footnotes.
The Subsidiary maintains a standard system of accounting established and administered in accordance with U.S. GAAP.