Accounting Rules definition

Accounting Rules means Financial Accounting Standards Board Accounting Standards Codification Topic 718, or any successor provision.
Accounting Rules means, collectively, (i) the rules, principles, methods, judgments and sample calculation of Working Capital set forth on Exhibit B (collectively, the “Agreed Principles”), (ii) the accounting principles, methods and practices used in preparing the Company Financial Statements (collectively, “Historical Principles”) and (iii) GAAP, applied in a manner consistent with its application to the preparation of the Company Financial Statements (“Historical GAAP”); provided, that notwithstanding any provisions or concepts of GAAP, no developments or events taking place after the Closing Date shall be taken into account; provided, further, that in the event of any conflict among the Agreed Principles, the Historical Principles, and Historical GAAP, then the Agreed Principles shall take precedence, followed by the Historical Principles, followed by Historical GAAP.
Accounting Rules. Financial Accounting Standards Board Accounting Standards Codification Topic 718, or any successor provision.

Examples of Accounting Rules in a sentence

  • The Proposed Closing Statement will be prepared in accordance with the Accounting Rules.


More Definitions of Accounting Rules

Accounting Rules means the accounting principles, policies, rules, methods, techniques and practices used in the preparation of the Interim Balance Sheet (including in respect of the exercise of management judgement) applied on a consistent basis, as amended by those principles, policies, rules, methods, techniques and practices set forth on Schedule 1.1(a).
Accounting Rules means, collectively, (i) the accounting principles, methods and practices used in preparing the Business Financial Information (collectively, “Historical Principles”) and (ii) GAAP, applied in a manner consistent with its application to the preparation of the Business Financial Information (“Historical GAAP”); provided, that notwithstanding any provisions or concepts of GAAP, no developments or events taking place after the Closing Date shall be taken into account; provided, further, that in the event of any conflict among the Historical Principles and Historical GAAP, then the Historical Principles shall take precedence, followed by Historical GAAP.
Accounting Rules means GAAP as applied in a manner consistent with the accounting principles, methods and practices used in preparing the audited financial statements described in clause (a) of the definition of Financial Statements.
Accounting Rules means all applicable accounting requirements and the published rules and regulations of the SEC with respect to the preparation of financial statements contained in any report, form or filing with the SEC.
Accounting Rules means the accounting rules and principles set forth on Part 1 of Exhibit B.
Accounting Rules means the financial and accounting laws, statutes, regulations, rules, standards and systems promulgated by any Governmental Authority of the PRC.
Accounting Rules means the rules, accounting principles, practices, procedures, policies, and methods (with consistent judgements, elections, and valuation and estimation methodologies), used and applied in the preparation of the Financial Statements; provided, however, that the rules, accounting principles, practices, procedures, policies, and methods used and applied in the preparation of the Financial Statements are in accordance with GAAP; and provided, further, that neither the Preliminary Closing Statement, nor the Proposed Closing Statement shall include any purchase accounting adjustments arising out of the consummation of the transactions contemplated hereby, provided, that, in the event of any conflict among the Accounting Rules and GAAP, then GAAP shall take precedence.