Acceptable Accounting Principles definition

Acceptable Accounting Principles means general accepted accounting principles which for the avoidance of doubt include GAAP or IFRS. ‘Accounting Date’ means the 31st December each year or such other time as determined by the Directors from time to time. ‘Administrator’ means Abacus Fund Administration Limited. ‘Annual General Meeting’ means the General Meeting held each year pursuant to the Articles. ‘Articles’ means the Articles of Association of the Company. ‘Bank’ means Turicum Private Bank Limited and any bank or banks that the Fund uses. ‘Base Currency’ means the currency in which the accounts of the Fund are drawn up and in which Shares in the Fund are denominated which in the case of the Fund is EURO. ‘Blockchain’ means a digital ledger in which transactions made in Digital Asset are recorded chronologically and publicly. ‘Board’, the ‘Board of Directors’ and/or the ‘Directors’ means the governing body for the Fund being the Directors of the Fund from time to time. ‘Business Day’ means a day other than a Saturday or Sunday or a day which is a public holiday, on which banks are open for general banking business in Gibraltar. ‘Commencement of Investment Activity’ means such date as determined by the Board of Directors having regard to the Minimum Trading Amount. ‘Companies Act’ means the Companies Act 2014 of Gibraltar and any modifications or re- enactment thereof.
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Acceptable Accounting Principles means generally accepted accounting principles consistently applied (i.e., GAAP).
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Acceptable Accounting Principles means GAAP or such other accounting methods or principles acceptable to Lender from time to time.
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Examples of Acceptable Accounting Principles in a sentence

  • Pursuant to National Instrument 52‑107, "Acceptable Accounting Principles and Auditing Standards" (NI 52‑107), financial statements of an “SEC issuer” may be prepared in accordance with U.S. GAAP.

  • WRI argues that recordkeeping procedures are adequate because they are kept in compliance with Generally Acceptable Accounting Principles (GAAP).

  • BISYS agrees to perform the services described herein in accordance with all applicable laws, rules and regulations (including, where applicable, Generally Acceptable Accounting Principles) and in accordance with any reasonable instructions of the Trust and the Trust's Declaration of Trust, Bylaws, Prospectus and Statement of Additional Information.

  • Audit and Accounting Standards Acceptable Accounting Principles: International Financial Reporting Standards ("IFRS").

  • Acceptable Auditing Standards: Canadian Generally Accepted Auditing Standards ("GAAS") Acceptable Accounting Principles: IFRS.

  • The financial information included in the Prospectus and the Registration Statement, including, without limitation, the Financial Statements, complies with National Instrument 52-107 – Acceptable Accounting Principles, Auditing Standards and Reporting Currency.

  • For these purposes, liquid net worth is defined as that portion of total net worth (total assets minus liabilities) that is comprised of cash, cash equivalents and readily marketable securities, as determined in conformity with Generally Acceptable Accounting Principles.

  • BISYS agrees to perform the services described herein in accordance with all applicable laws, rules and regulations (including, where applicable, Generally Acceptable Accounting Principles), and in accordance with any reasonable instructions of the Company and the Company's Certificate of Incorporation, Bylaws, Prospectus and Statement of Additional Information.

  • For these pur-poses, liquid net worth is that portion of total net worth (total assets minus liabilities) that is comprised of cash, cash equivalents and readily marketable securities, as determined in conformity with Generally Acceptable Accounting Principles.

  • Other than the financial statements contained or incorporated by reference in the Registration Statement, Prospectuses and Disclosure Package, no other financial statements or supporting schedules would have been required to be included in the Registration Statement, Prospectuses or the Disclosure Package under National Instrument 52-107 – Acceptable Accounting Principles and Auditing Standards and NI 51-102 under the Canadian Securities Laws.

Related to Acceptable Accounting Principles

  • 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.

  • Agreement Accounting Principles means generally accepted accounting principles as in effect from time to time, applied in a manner consistent with those used in preparing the financial statements referred to in Section 5.5.

  • 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.

  • 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).

  • 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.

  • 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.

  • Applicable Accounting Standards means Generally Accepted Accounting Principles in the United States, International Financial Reporting Standards or such other accounting principles or standards as may apply to the Company’s financial statements under United States federal securities laws from time to time.

  • Generally accepted auditing standards means Canadian Generally Accepted Auditing Standards as adopted by the Canadian Institute of Chartered Accountants applicable as of the date on which such record is kept or required to be kept in accordance with such standards.

  • 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);

  • Accounting Statement means for each financial year, the following statements, namely-

  • Practice of public accounting means the performance or the offering to perform, by a person holding oneself out to the public as a certified public accountant or a licensed public accountant, one or more kinds of professional services involving the use of accounting, attest, or auditing skills, including the issuance of reports on financial statements, or of one or more kinds of management advisory, financial advisory, or consulting services, or the preparation of tax returns or the furnishing of advice on tax matters. However, with respect to licensed public accountants, the “practice of public accounting” shall not include attest or auditing services or the rendering of an opinion attesting to the reliability of any representation embracing financial information.

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

  • GAAP means generally accepted accounting principles as in effect from time to time in the United States of America.

  • Accounting Standards means the standards of accounting or any addendum thereto for companies or class of companies referred to in section 133;

  • 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);

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

  • standards of generally recognised accounting practice means an accounting practice complying with standards applicable to municipalities or municipal entities as determined by the Accounting Standards Board

  • Accounting Date means the thirtieth day of June in each year and any interim date on which the financial statements of the Trust are drawn up. Provided that the Management Company may, with the written consent of the Trustee and after obtaining approval from the Commission and the Commissioner of Income Tax may change such date to any other date and such change shall be intimated to the Commission.

  • Accounting Standard means GAAP.

  • Common Reporting Standard (CRS) means the Standard for Automatic Exchange of Financial Account Information (“AEOFAI”) in Tax Matters and was developed in response to the G20 request and approved by the Organisation for Economic Co-operation and Development (OECD) Council on 15 July 2014, calls on jurisdictions to obtain information from their financial institutions and automatically exchange that information with other jurisdictions on an annual basis. It sets out the financial account information to be exchanged, the financial institutions required to report, the different types of accounts and taxpayers covered, as well as common due diligence procedures to be followed by financial institutions.

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

  • auditing standards means auditing standards as defined in National Instrument 52-107 Acceptable Accounting Principles and Auditing Standards;

  • Common Reporting Standard means the standard for automatic exchange of financial account information in tax matters (which includes the Commentaries), developed by the OECD, with G20 countries;

  • Accounting Reference Date means 31 December.

  • Accepted means that in the County’s reasonable opinion, substantial compliance with the requirements of this Contract has been achieved.

  • 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.