USGAAP definition
Examples of USGAAP in a sentence
The Parent Financials are correct in all ----------------- material respects and have been prepared in accordance with USGAAP applied on a basis consistent throughout the periods indicated and consistent with each other.
All accounting records, vouchers, books and statements of the Company shall be made and kept in Chinese, however, on the other hand, the Company shall provide financial reports to SESHK in English on a quarterly basis in accordance with USGAAP.
All accounting terms not otherwise defined herein shall have the meanings assigned to them in conformity with USGAAP.
Financial statements and other information required to be delivered by the Company to the Investors pursuant to Section 3.2 hereof shall be prepared in accordance with USGAAP (except for the lack of footnotes and being subject to year-end adjustments).
If, in the good faith reasonable judgment of the Board, at any time any change in USGAAP would affect, to any material extent, the computation of any financial ratio or financial requirement set forth in this Agreement, the Company may amend such ratio or requirement to preserve the original intent thereof in light of such change in USGAAP.