Applicable Accounting Standard definition

Applicable Accounting Standard means the relevant accounting standard, applicable under Directive 86/635/EEC or under Regulation (EC) No 1606/2002, that applies to the institution;
Applicable Accounting Standard means Generally Accepted Accounting Principles in the United States, International Financial Reporting Standards or such other accounting principles or standards as may apply to the Company’s financial statements under United States federal securities laws from time to time.
Applicable Accounting Standard means (a) with respect to any Person organized in the United States (or any State thereof), GAAP and (b) with respect to any Person not organized in the United States (or any State thereof), generally accepted accounting principles as in effect from time to time in the applicable jurisdiction, including IFRS.

Examples of Applicable Accounting Standard in a sentence

  • The Collateral Manager shall keep proper books of record and account in which full and correct entries shall be made of all financial transactions and the assets and business of the Collateral Manager in accordance with the Applicable Accounting Standard, maintain and implement administrative and operating procedures, and keep and maintain all documents, books, records and other information necessary or reasonably advisable for the collection of all Collateral Assets.


More Definitions of Applicable Accounting Standard

Applicable Accounting Standard means, IFRS, GAAP, or other accounting or financial reporting standards used by the Company as of the date or for the period at issue.
Applicable Accounting Standard means, with respect to any Group Company, the generally accepted accounting principles of the PRC.
Applicable Accounting Standard means an accounting standard as applying under section 334;
Applicable Accounting Standard means an accounting standard as applying under section 334 (Requirements applying to accounts and group accounts);
Applicable Accounting Standard means Accounting Standards for Business Enterprises and other relevant accounting regulations issued by the Ministry of Finance of the PRC and any amendments and modifications thereto.
Applicable Accounting Standard means (a) initially, IFRS and (b) at all times following written notice from the Borrower to the Administrative Agent that the Borrower has elected to replace IFRS with GAAP, GAAP.
Applicable Accounting Standard means, IFRS, GAAP, or other accounting or financial reporting standards used by the Company as of the date or period at issue.