GAAP definition

GAAP means United States generally accepted accounting principles.

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

GAAP means generally accepted accounting principles in the United States set forth in the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or such other principles as may be approved by a significant segment of the accounting profession in the United States, that are applicable to the circumstances as of the date of determination, consistently applied.

Examples of GAAP in a sentence

• The Recipient shall ensure that the Project is carried out in accordance with the provisions of the Anti-Corruption Guidelines and the GAAP.

• Performing Agency shall keep and maintain under GAAP or GASB, as applicable, full, true, and complete records necessary to fully disclose to the System Agency, the Texas State Auditor’s Office, the United States Government, and their authorized representatives all information required to determine compliance with the terms and conditions of this Contract and all state and federal rules, regulations, and statutes.

• Any apportionment of or distribution of costs, including indirect costs, to or between programs or cost centers of COUNTY shall be documented, and will be made in accordance with generally accepted accounting principles (GAAP).

• Consultant shall establish and maintain books, records, and systems of account, in accordance with generally accepted accounting principles (GAAP), reflecting all business operations of Consultant transacted under this Agreement.

• Unless otherwise specified, as used in the DIP Loan Documents or in any certificate, report, instrument or other document made or delivered pursuant to any of the DIP Loan Documents, all accounting terms not defined in Appendix B or elsewhere in this Agreement shall have the meanings given to such terms in and shall be interpreted in accordance with GAAP.

More Definitions of GAAP

GAAP shall have the meaning ascribed to such term in Section 3.1(h).

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

GAAP means United States generally accepted accounting principles as in effect from time to time.

GAAP means United States generally accepted accounting principles consistently applied.

GAAP means accounting principles generally accepted in the United States of America set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other entity as have been approved by a significant segment of the accounting profession, which are in effect as of the date of determination.

GAAP means United States generally accepted accounting principles, consistently applied.

GAAP means generally accepted accounting principles.