Accounting Adjustment definition

Accounting Adjustment means a material change to a Financial Reporting Measure which is not based on the accounting principles used in preparing the Company’s financial statements, such as Booked Annual Recurring Revenue, where such change results from a determination that such Financial Measure was incorrectly calculated when originally published, based on the facts that were known to management at the time of such original publication.
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Accounting Adjustment means the amount recorded by the Borrower in the first fiscal quarter of 1999 as a cumulative adjustment for a change in accounting principle resulting from the required adoption of American Institute of Certified Public Accountants Statement of Position 98-5, Reporting the Costs of Start-up Activities, which requires the write-off of unamortized pre-operating and organizational costs that were previously capitalized, which amount, net of tax and after earnings from continuing operations shall not exceed $15,000,000.
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Accounting Adjustment is defined in the definition of "Net Income".
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Examples of Accounting Adjustment in a sentence

  • INITIATORMany roles can initiate this task, but the most common role is Accountant.SUBMITCC MANAGERThis task will always route to the CC Manager if there is a Designated or Gift worktag and the initiator is an Accountant or Payroll Accounting Adjustment Specialist (and not OSP).

  • The Capital Accounting Adjustment is to ensure that the total effect on the General Fund is nil.

  • Will our Transaction Accounting Adjustment proposal simplify preparation of pro forma financial information and improve consistency?53.

  • No later than 15 days after the Closing Date, Chrix Xxxxxx, Xxlls, Shirley, Eckex & Xassxxx, 0028 Xxxxxxxx Xxxxxx, Xxxxx 000, Xxxxxxxxx, Xxxxx 00000 (xxe "Shareholder Representative"), will deliver to Parent and Sub a statement (the "Accounting Adjustment") setting forth the Shareholders' determination of the Adjusted Merger Consideration as adjusted pursuant to Section 1.02(b)(iii) and the calculation thereof, certified by the Shareholders to be accurate as of the date delivered.

  • Repayment of liabilityInterestService ChargeTotal £000£000£000£000Payments due to be made: Within 1 year2020/211,2191,3458,45711,021Within 2 - 5 years2021/221,2951,2198,84611,360Total 2,5142,56417,30322,381 The liability outstanding to pay for capital expenditure is as follows: 31 March2018Net payments/ (additions) inyear 31 March2019 Payments inyear Accounting Adjustment 31 March2020 £000£000£000£000£000£000Vehicles, Plant and Equipment(6,988)526(6,462)1,0152,933(2,514) 28.

  • Accounting Adjustment in relation to the sale of the Group’s products under the Distribution Agreement The Distribution Agreement also led to a related Audit Issue in connection with the accounting treatment of the sale of the relevant products to the Distributor.

  • INITIATORMany roles can initiate this task, but the most common role is Payroll Accounting Adjustment Specialist.SUBMITCC MANAGERThis task will always route to the CC Manager if a Gift or Designated worktag is getting Impacted and the initiator is not a Grants Compliance Reviewer.

  • In particular, NV Energy files an annual electric Deferred Energy Accounting Adjustment filing with the PUCN, through which it seeks approval of fuel and purchased power expenses for prior the 12-month period.

  • In Accounting Adjustment #22, the Company adjusted wages and salaries, and related employee benefit costs, to reflect annual levels of costs as of July 1, 2018.

  • In Accounting Adjustment #21, the Company proposes to adjust non-labor O&M expenses for inflation.


More Definitions of Accounting Adjustment

Accounting Adjustment means the amount, whether positive or negative, calculated in accordance with Schedule “E”;
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Related to Accounting Adjustment

  • Closing Adjustment has the meaning set forth in Section 2.04(a)(ii).

  • Final Adjustment Statement has the meaning set forth in Section 2.6(c).

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Tax Adjustment has the meaning set forth in Section 4.7.

  • Final Adjustment has the meaning set forth in Section 10.3.B(2) hereof.

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Adjustment Statement has the meaning set forth in Section 2.6(a).

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Post-Closing Adjustment has the meaning set forth in Section 2.04(b)(ii).

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Consolidated Working Capital Adjustment means, for any period of determination on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • Billing Adjustment Credit To provide Customer the benefit of the rates and discounts in the Amendment as of the Effective Date and until such rates and discounts are implemented, the Company shall provide Customer with a one-time billing adjustment credit equal to $152,300.00 plus applicable taxes and surcharges. This credit shall compensate Customer for the difference between the Tariff/Guide/list rates invoiced during the 1st full billing cycle following Customer's signature date above and the rates and discounts in this Agreement.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Accounting Statement means for each financial year, the following statements, namely-

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Related Adjustment means, in determining any LIBOR Successor Rate, the first relevant available alternative set forth in the order below that can be determined by the Administrative Agent applicable to such LIBOR Successor Rate:

  • Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;

  • Accounting Year means the financial year commencing from the first day of April of any calendar year and ending on the thirty-first day of March of the next calendar year;

  • Spread Adjustment means 100 basis points.

  • Cost of Living Adjustment or “COLA” means a percentage-based general wage increase adjustment provided in accordance with this memorandum of agreement. COLA is an upward adjustment applied to and folded into all wage rates. The "annualized average of BC CPI over twelve months” (AABC CPI) means the Latest 12-month Average Index % Change reported by BC Stats in March for British Columbia for the twelve months starting at the beginning of March in the preceding year and concluding at the end of the following February. The “Latest 12-month Average Index”, as defined by BC Stats, is a 12-month moving average of the BC consumer price indexes of the most recent 12 months. This figure is calculated by averaging index levels over the applicable 12 months. The Latest 12-month Average Index % Change is reported publicly by BC Stats in the monthly BC Stats Consumer Price Index Highlights report. The BC Stats Consumer Price Index Highlights report released in mid-March will contain the applicable figure for the 12 months concluding at the end of February. The percentage change reported by BC Stats that will form the basis for determining any COLA increase is calculated to one decimal point. For reference purposes only, the annualized average of BC CPI over 12 months from March 1, 2021 to February 28, 2022 was 3.4%.

  • Working Capital Adjustment Amount means an amount, which may be positive or negative, calculated in accordance with Schedule C, equal to the difference of (a) the Closing Date Adjusted Working Capital minus (b) the Preliminary Adjusted Working Capital.

  • Principal Adjustment In the event that the Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount or Class B-6 Optimal Principal Amount is calculated in accordance with the proviso in such definition with respect to any Distribution Date, the Principal Adjustment for such Class of Class B Certificates shall equal the difference between (i) the amount that would have been distributed to such Class as principal in accordance with Section 4.01(a) for such Distribution Date, calculated without regard to such proviso and assuming there are no Principal Adjustments for such Distribution Date and (ii) the Adjusted Principal Balance for such Class.