Accounting Statements definition

Accounting Statements means for each financial year, the balance sheet, the profit and loss statement, the cash flow statement and the report of the statutory auditors together with notes thereto:Provided that in case of any local authority engaged in the business of distribution of electricity, the Accounting Statement shall mean the items, as mentioned above, prepared and maintained in accordance with the relevant Acts or Statutes as applicable to such local authority;”

Accounting Statements means for each financial year, the balance sheet, the profit and loss statement, the cash flow statement and the report of the statutory auditors together with notes thereto;”

Accounting Statements means for each financial year, the following statements, namely:

Examples of Accounting Statements in a sentence

• Accounting Statements and Other Reports Within thirty (30) days after the close of each calendar month, the Ceding Company shall provide the Reinsurer an accounting statement.

• Thereafter, Accounting Statements and payments shall be provided annually for as long as the Picture generates revenue.

• Accounting Statements and Other Reports Within thirty (30) days after the close of each calendar month the Ceding Company shall provide the Reinsurer an electronic accounting statement.

• In May 2014, the Financial Accounting Statements Board (“FASB”) issued Accounting Standards Update No. 2014-09 which significantly updates the standards for revenue recognition for all entities, public, private and not-for- profit, that have contracts with customers to provide goods or services.

• Revenue is earned upon performance of services and/or delivering agreed upon deliverables, as outlined in the MSAs or Order forms.In May 2014, the Financial Accounting Statements Board (“FASB”) issued Accounting Standards Update No. 2014-09 which significantly updates the standards for revenue recognition for all entities, public, private and not-for- profit, that have contracts with customers to provide goods or services.

More Definitions of Accounting Statements

Accounting Statements means collectively, with respect to any Accounting Period, statements of income, changes in financial position (cash flow) and shareholders' equity for such Accounting Period and a statement of financial condition as at the end of such Accounting Period.

Accounting Statements means accounting statements for the licensed business comprising of a profit and loss account, a balance sheet and a statement of sources and application of funds, together with notes thereto, as specified under the Companies Act, 1956 (Act 1 of 1956) or as the Commission may prescribe from time to time. If the licensee engages in any other business or activity, in addition to the licenced business, the accounting statements shall be separately maintained as per directions of the Commission and show the amounts of any revenue, cost, asset, liability, reserve or provision, which has been either:

Accounting Statements refers to the documents defined in 1) through 4) below (refers to audited Accounting Statements when there is a duty under applicable Laws and Regulations to audit Accounting Statements, or when Accounting Statements are otherwise audited; Includes Reports when Borrower creates Reports).

Accounting Statements means the audited and consolidated profit and loss accounts, balance sheet, Notes and consolidated cash flow accounts (if applicable) as at the Account Base Date relating to the Target Company and prepared in accordance with Hong Kong’s principles of accounting.

Accounting Statements means for each Financial Year, the following statements, namely:

Accounting Statements means for each Year, the following statements, namely: — ……(viii) reconciliation statement, duly certified by the statutory auditors, showing the reconciliation between the total expenses, revenue, assets and liabilities, of the entity as a Company and the expenses, revenue, assets and liabilities, separately for each business regulated by the Commission and unregulated business operations ;…Provided that separate Accounting Statements shall be prepared and submitted to the Commission for each licensed Business in accordance with the Licence conditions, and for each regulated Business: Provided further that, in case separate Accounting Statements are not submitted for each licensed Business in accordance with the Licence conditions and for each regulated Business for the Financial Year (FY) 2016-17 onwards, the Petitions filed by the Generating Company or Licensee or MSLDC, may be rejected by the Commission after giving the Petitioner a reasonable opportunity of being heard:”.

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