French GAAP definition

French GAAP means generally accepted accounting principles in France.

French GAAP means the accounting principles established pursuant to the French Code de commerce and the Plan Comptable Général, both as amended and supplemented from time to time.

French GAAP means accounting principles, standards and practices generally accepted from time to time in France;

Examples of French GAAP in a sentence

• Investors should be aware that these differences may be material in the interpretation of the financial statements and financial information contained herein and should consult their own professional advisors for an explanation of the differences between U.S. GAAP, on the one hand, and IFRS and French GAAP, on the other hand.

• The financial statements of the Issuer incorporated by reference in this Base Prospectus are presented on the basis of International Financial Reporting Standards as adopted by the European Union ("IFRS") and generally accepted accounting principles in France ("French GAAP").

• Significant differences may exist between each of IFRS and French GAAP, and generally accepted accounting principles in the United States ("U.S. GAAP").

• The Financial Statements were prepared in accordance with French GAAP applied on a consistent basis throughout the period involved, subject, in the case of the Interim Financial Statements, to normal and recurring year-end adjustments (the effect of which will not be materially adverse) and the absence of notes (that, if presented, would not differ materially from those presented in the Year-End Financial Statements).

• The Companies maintain a system of accounting sufficient to permit the preparation of financial statements in accordance with French GAAP.

More Definitions of French GAAP

French GAAP means generally accepted accounting principles in France, applied on a consistent basis.

French GAAP means generally accepted accounting principles in the Republic of France, as in effect in relation to the Borrower’s Original Financial Statements.

French GAAP means generally accepted accounting principles in France;

French GAAP means the French “Plan Comptable Général”, the French accounting standards at an entity level issued by the French “Autorité des Normes Comptables” as “Réglement n°2014-03” and its amendments adopted by the French government as at 31 December 2019 and as further amended from time to time.

French GAAP means France generally accepted accounting principles and practices in effect from time to time for individual accounts of a société commerciale (commercial company).

French GAAP means generally accepted accounting principles in France as in effect from time to time, except as set forth in clause (7) of the definition of “Fixed Charge Coverage Ratio”.

French GAAP shall have the meaning set forth in Section 3.08.