Canadian GAAP definition

Examples of Canadian GAAP in a sentence

  • The AcSB strategic plan outlines the convergence of Canadian GAAP with IFRS over an expected five year transitional period.

  • In these financial statements, the term “Canadian GAAP” refers to Canadian GAAP before the adoption of IFRS.

  • This Form also uses accounting terms that are defined or used in Canadian GAAP applicable to publicly accountable enterprises.

  • Canadian GAAP requires the fair value of financial instruments traded in an active market to be measured based on an investment’s bid/ask price depending on the investment position (long/short).

  • Information for years prior to 2013 is reported under Canadian GAAP.


More Definitions of Canadian GAAP

Canadian GAAP means Canadian generally accepted accounting principles or interpretations thereof;
Canadian GAAP means generally accepted accounting principles, and, except as otherwise herein expressly provided, the term “generally accepted accounting principles” with respect to any computation required or permitted hereunder shall mean such accounting principles used in the Company’s annual financial statements contained in the Company’s annual report delivered to its shareholders in respect of the fiscal year immediately prior to the date of such computation, including International Financial Reporting Standards as issued by the International Accounting Standards Board.
Canadian GAAP means generally accepted accounting principles determined with reference to the Handbook;