Examples of GAAP in a sentence
GAAP are established by the Financial Accounting Standards Board (“FASB”).
The cost of Equipment 24 purchased, in whole or in part, with funds paid pursuant to this Agreement shall be depreciated according 25 to GAAP.
All applicable books and records will be maintained in accordance with generally accepted accounting principles (GAAP) and shall, upon request and at the City’s request, be made available at a location designated by the City.
Accurate and complete books of account of the transactions of the Venture will be kept in accordance with generally accepted accounting principles (GAAP) and at all reasonable times will be available and open to inspection and examination by any Member.
Amendment 6 Redline 1 requirements, GAAP and the Special Provisions Paragraph of this Agreement.