Approved Accounting Principles definition

Approved Accounting Principles means those accounting principles, standards and practices which were used in the Original Financial Statements of the Parent.
Approved Accounting Principles means French gaap and, subject to those principles, the accounting principles, standards and practices on the basis of which the Original Audited Accounts were prepared;

Examples of Approved Accounting Principles in a sentence

  • Designed such internal controls over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of the financial statements for external purpose in accordance with Generally Approved Accounting Principles (GAAP).

  • Unless otherwise agreed with the Facility Agent, all financial statements delivered under this Agreement shall be prepared in accordance with the Approved Accounting Principles.

  • Ms. Behme stated CEI South recorded AFUDC in accordance with Generally Approved Accounting Principles under the formula specified by Federal Energy Regulatory Commission accounting procedures.

  • It is not (and none of its Subsidiaries is) materially overdue in the filing of any Tax returns and is not overdue in the payment of any amount in respect of Tax, unless such payment has been contested in good faith and with due diligence and provided that it maintains adequate reserves in respect of thereof in accordance with the Approved Accounting Principles.

  • The financial statements were prepared in accordance with GAAP, Generally Approved Accounting Principles.


More Definitions of Approved Accounting Principles

Approved Accounting Principles means GAAP or other sound and generally accepted cash or income tax accounting principles applied on a basis consistent with accounting principles applied in the preparation of financial information and financial statements previously furnished to Lender.
Approved Accounting Principles means (a) GAAP or (b) such other consistently applied accounting basis that is acceptable to Administrative Agent.
Approved Accounting Principles means generally accepted accounting principles and practices in Norway, including the regulations and guidelines of the IFRS, or generally accepted accounting principles and practices in the United States of America, in each case consistently applied.
Approved Accounting Principles means GAAP (with respect to entities) (or such other accounting method approved by Administrative Agent in writing (with respect to individuals), consistently applied.
Approved Accounting Principles means NORGAAP in respect of the Borrower and USGAAP in respect of the Guarantor;
Approved Accounting Principles means UK GAAP.
Approved Accounting Principles means generally accepted accounting principles in the United States of America as of the date of the applicable financial report or such other method as proposed by Borrower and reasonably acceptable to Lender, consistently applied.