Accounting Practice definition

Accounting Practice means United States generally accepted accounting principles in accordance, as applicable, with FERC’s “Uniform System of Accounts Prescribed for Public Utilities and Licensees Subject to the Provisions of the Federal Power Act”, as the same may be modified, amended or supplemented from time to time.
Accounting Practice means a business carried on by either of the following:
Accounting Practice means the activities of a member including those who provide Public Accounting Services through an Approved Practice Entity (in accordance with the requirements of By-Law 9.3 of the By-Laws).

Examples of Accounting Practice in a sentence

  • The annual financial statements have been prepared in accordance with the Standards of Generally Recognised Accounting Practice (GRAP), issued by the Accounting Standards Board in accordance with Section 122(3) of the Municipal Finance Management Act (Act 56 of 2003).

  • The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

  • The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

  • The financial statements have been prepared in accordance with the Standards of Generally Recognised Accounting Practice (GRAP), issued by the Accounting Standards Board in accordance with Section 122(3) of the Municipal Finance Management Act (Act 56 of 2003).

  • These financial statements have been prepared in accordance with Hong Kong Statements of Standard Accounting Practice, accounting principles generally accepted in Hong Kong and the disclosure requirements of the Hong Kong Companies Ordinance.


More Definitions of Accounting Practice

Accounting Practice means Australian Accounting Standards or, if these do not provide relevant guidance, a generally used accounting treatment.
Accounting Practice means a business carried on by either of
Accounting Practice means a business carried out by either of the following:
Accounting Practice means a member or an approved practice entity (that meets the requirements of By-Law 9.3 of CPA Australia’s By-Laws) which provides public accounting services.
Accounting Practice means the Initial Accounting Practice or such modifications thereof as may from tune to time be required by virtue of a Change of Accountancy Practice (but with no other modification); "Accounting Standards" means insofar as the same are applicable to the Lessor or any member of the Lessor's Group: (a) the accounting requirements of the Companies Acts; (b) statements of Standard Accounting Practice, Financial Reporting Standards and any other accounting standards having the like effect as Financial Reporting Standards issued by the Accounting Standards Board from time to time or such body or bodies as may be prescribed by regulations pursuant to Section 256 of the Companies Xxx 0000 (subject to clause 1.4); (c) any statement, guideline, ruling or notice from time to time issued and having such effect that compliance therewith by UK companies of a standing and business type comparable to the Lessor (or as the case may be the relevant member of the Lessor's Group) is customary, by any of the following: (i) Accounting Standards Board (ii) Accounting Standards Committee (iii) Financial Reporting Review Panel (iv) Any group or body set up by any of the above for any purpose including (without limitation) the Urgent Issues Task Force of the Accounting Standards Board.
Accounting Practice. An accounting practice which meets international standards or requirements laid down by applicable laws and professional organisations appropriate to a Party.