Examples of Accounting Principles in a sentence
After an item reaches the end of its useful life, Grantee will ensure that disposition of any equipment is in accordance with Generally Accepted Accounting Principles, and any applicable federal guidance.
Fiscal records shall be kept in accordance with Generally Accepted Accounting Principles and must account for all funds, tangible assets, revenue and expenditures.
Separate books and records of account (hereinafter collectively referred to as the “Records”) shall be maintained by the Lessee in an electronic format for its Use, as that term is defined in Section 4 of this Lease, in the Demised Premises on a uniform basis in accordance with Generally Accepted Accounting Principles (“GAAP”).
All accounting terms used but not specifically defined herein shall be construed in accordance with United States Generally Accepted Accounting Principles.
The Contractor shall maintain an adequate system of accounting and internal controls that meets Generally Accepted Accounting Principles or GAAP.