Austrian GAAP definition

Austrian GAAP means Austrian generally accepted accounting principles, as consistently applied.
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Austrian GAAP means generally accepted accounting principles in Austria as in effect from time to time.
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Austrian GAAP means Austrian generally accepted accounting principles, as consistently applied. “Base Exchange Rate” means the exchange rate of [***] USD per Euro.
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Examples of Austrian GAAP in a sentence

  • Although the Austrian GAAP and the principles in the framework of IAS / IFRS are very similar, they differ in their fundamental objectives as well as their strategic orientation and emphasis.

  • In the local financial statements, coupon payments are recognized as interest expense in profit or loss according to Austrian GAAP.

  • As noted in its October 2003 report, “It was not possible for the Panel to interview any representative of Katex Mines despite numerous phone calls and visits to the Company.” October 2003 U.N. Liberia Panel of Experts Report.

  • Therefore, ÖVAG’s result for the year 2014 under Austrian GAAP is not expected to be affected by the sale proceeds and will be positive.

  • III.B.iii General principlesThe UGB incorporates the Austrian GAAP which can be classified into three major groups of accounting and valuation principles.

  • The company’s tax rate is 40 percent, and its operating cash flow is $450,000.

  • PROPOSAL ON PROFIT DISTRIBUTIONAccording to the provisions of the Austrian Stock Corporation Act (“Aktiengesetz”) the local financial statements of AT & S Austria Technologie & Systemtechnik Aktiengesellschaft as of 31 March 2013 prepared under Austrian GAAP serve as the basis for the distribution of dividends.

  • The Company’s ability to pay dividends is based on its unconsolidated financial statements prepared in accordance with Austrian GAAP.

  • In the local financial statements, coupon payments are recognised as interest expense in profit or loss according to Austrian GAAP.

  • For certain other purposes (e.g., taxes, capital maintenance, prudential regulation, solvency), Austrian GAAP may be more appropriate, due to the more prudent approach in some accounting areas.


More Definitions of Austrian GAAP

Austrian GAAP means Austrian generally accepted accounting principles in accordance with Austrian law, in particular Section 189 et sequ of the Austrian Commercial Code (Handelsgesetzbuch).
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Austrian GAAP means the accounting rules and principles in effect in Austria from time to time under the Austrian Commercial Code (HGB).
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Austrian GAAP means the generally accepted accounting principles, policies and practices applied in Austrian and applicable to the Company, as in effect from time to time, applied by the Company on a basis consistent with past practice;
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Austrian GAAP means the generally accepted accounting principles and rules applicable pursuant to the Austrian Commercial Code (UGB);
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Related to Austrian GAAP

  • Canadian GAAP means Generally Accepted Accounting Principles as provided in the Handbook of the Canadian Institute of Chartered Accountants.

  • Brazilian GAAP means the generally accepted accounting practices adopted in Brazil determined in accordance with the Brazilian corporate law.

  • GAAP means generally accepted accounting principles as in effect from time to time in the United States of America.

  • UK GAAP means generally accepted accounting principles in the United Kingdom.

  • Mexican GAAP means generally accepted accounting principles in Mexico in effect on the Issue Date.

  • U.S. GAAP means United States generally accepted accounting principles.

  • PRC GAAP means the generally accepted accounting principles of the PRC.

  • UK generally accepted accounting principles and practices means the principles and practices prevailing from time to time in the United Kingdom which are generally regarded as permissible or legitimate by the accountancy profession irrespective of the degree of use.

  • IFRS means International Financial Reporting Standards as issued by the International Accounting Standards Board.

  • Accounting Principles means the international financial reporting standards (IFRS) within the meaning of Regulation 1606/2002/EC (or as otherwise adopted or amended from time to time).

  • Accounting Policies means GAAP, applied in a manner consistent with the accounting policies, principles, practices and methodologies used in the preparation of the Audited Balance Sheet.

  • Agreement Accounting Principles means generally accepted accounting principles as in effect from time to time, applied in a manner consistent with those used in preparing the financial statements referred to in Section 5.5.

  • Fixed GAAP Date means the Issue Date; provided that at any time after the Issue Date, the Company may by written notice to the Trustee elect to change the Fixed GAAP Date to be the date specified in such notice, and upon such notice, the Fixed GAAP Date shall be such date for all periods beginning on and after the date specified in such notice.

  • Generally Accepted Accounting Principles means the standards for accounting and preparation of financial statements established by the Federal Accounting Standards Advisory Board (or its successor agency) or any successor standards adopted pursuant to relevant SEC rule.

  • Agreed Accounting Principles means GAAP; provided, however, that, with respect to any matter as to which there is more than one generally accepted accounting principle, Agreed Accounting Principles means the generally accepted accounting principles consistently applied in the preparation of the Latest Audited Company Balance Sheet; provided, further, that, for purposes of the Agreed Accounting Principles, no known adjustments for items or matters, regardless of the amount thereof, shall be deemed to be immaterial.

  • Turnover of zero-rated supply of goods means the value of zero-rated supply of goods made during the relevant period without payment of tax under bond or letter of undertaking;

  • standards of generally recognised accounting practice means an accounting practice complying with standards applicable to municipalities or municipal entities as determined by the Accounting Standards Board

  • HGB means the German Commercial Code (Handelsgesetzbuch).

  • Net Economic Return shall have the meaning ascribed to such term in paragraph 2 of Exhibit E to the Lease.

  • Consolidated Net Assets means Consolidated Assets after deduction of Consolidated Current Liabilities.

  • Uniform System of Accounts means Uniform System of Accounts for the Lodging Industry, Ninth Revised Edition, 1996, as published by the Hotel Association of New York City, as the same may be further revised from time to time.

  • Applicable Accounting Principles means, with respect to the Borrower, those accounting principles required by the ICA and prescribed by the SEC for the Borrower and, to the extent not so required or prescribed, GAAP.

  • Australian Accounting Standards refers to the standards of that name, as amended from time to time, that are maintained by the Australian Accounting Standards Board referred to in section 227 of the Australian Securities and Investments Commission Act 2001 (Cth);

  • Consolidated Tangible Net Assets means, on any date of determination and with respect to any Person at any time, the total of all assets (including revaluations thereof as a result of commercial appraisals, price level restatement or otherwise) appearing on the consolidated balance sheet of such Person and its Consolidated Subsidiaries most recently delivered to the Lenders pursuant to Section 5.01(i) as of such date of determination, net of applicable reserves and deductions, but excluding goodwill, trade names, trademarks, patents, unamortized debt discount and all other like intangible assets (which term shall not be construed to include such revaluations), less the aggregate of the consolidated current liabilities of such Person and its Consolidated Subsidiaries appearing on such balance sheet.

  • SAP means the SAP entity that has entered into this Agreement, as well its Affiliates.

  • Capital Leases means, in respect of any Person, all leases which shall have been, or should have been, in accordance with GAAP, recorded as capital leases on the balance sheet of the Person liable (whether contingent or otherwise) for the payment of rent thereunder.