GAAP definition

GAAP means generally accepted accounting principles in the United States of America.

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

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

Examples of GAAP in a sentence

• Grantee 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 Grant Agreement and all state and federal rules, regulations, and statutes.

• GAAP are established by the Financial Accounting Standards Board (“FASB”).

• The Grantee shall maintain books, records and documents directly pertinent to performance under this Agreement in accordance with United States generally accepted accounting principles (US GAAP) consistently applied.

• 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.

• All accounting terms not specifically defined herein shall be construed in accordance with United States GAAP consistently applied.

More Definitions of GAAP

GAAP means United States generally accepted accounting principles.

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

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.

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 U.S. generally accepted accounting principles.

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

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