Financial Accounting System. (a) The Company shall establish an independent financial and account system and shall prepare financial statements in accordance with the applicable Enterprise Accounting System of the PRC, other relevant Law, the particular circumstances of the Company and the operating and financial procedures and requirements of the Parties.
Financial Accounting System. 20.3.1 The Target Company shall establish its financial and accounting systems in accordance with the PRC accounting standards and other relevant PRC Laws, which shall be submitted to the Board of Directors for approval.
Financial Accounting System. The Company and its Subsidiaries will maintain a system of accounting in which correct and complete entries will be made of all dealings and transactions in relation to their business and affairs in accordance with GAAP. The Company’s internal financial control systems will at all times be reasonably satisfactory to Parthenon.
Financial Accounting System. The Acquired Companies shall have --------------------------- placed a purchase order with respect to an updated Chameleon financial and accounting software system that shall allow the Acquired Companies to operate with respect to such matters on a stand-alone basis without any need for data or software from any other Person, including, without limitation, any information contained on the Movex system.
Financial Accounting System. (a) The Joint Venture shall establish an independent financial and accounting system and shall prepare financial statements in accordance with the Law and the particular circumstances of the Joint Venture, and, to the extent permitted by applicable Law of the PRC, those methods and principles that are consistent with the Generally Accepted Accounting Principles in the United States of America (the “US GAAP”) and the operating and financial procedures and requirements of the Parties.
Financial Accounting System. Maintain a system of accounting in --------------------------- which correct and complete entries will be made of all dealings and transactions in relation to their business and affairs in accordance with generally accepted accounting principles.
Financial Accounting System. 46 6.6 PRE-CLOSING DIVIDEND........................................... 46 6.7
Financial Accounting System. The Target Company shall establish a financial accounting system in accordance with the relevant laws and regulations of BVI, combined with the specific circumstances of the Target Company, and within the scope permitted by applicable laws, using methods and standards consistent with internationally accepted accounting standards. The financial accounting system shall be implemented after the approval of the Target Company’s board of directors.
Financial Accounting System. 14.2.1 The Company shall establish its financial and accounting system in accordance with the accounting principles of PRC.
Financial Accounting System
