Canadian GAAP definition

Examples of Canadian GAAP in a sentence

  • All Receipts and Allowable Deductions shall be determined in accordance with Canadian GAAP as applied by Grantor.


More Definitions of Canadian GAAP

Canadian GAAP means Canadian generally accepted accounting principles or interpretations thereof;
Canadian GAAP means generally accepted accounting principles determined with reference to the Handbook;
Canadian GAAP means generally accepted accounting principles, and, except as otherwise herein expressly provided, the term “generally accepted accounting principles” with respect to any computation required or permitted hereunder shall mean such accounting principles used in the Company’s annual financial statements contained in the Company’s annual report delivered to its shareholders in respect of the fiscal year immediately prior to the date of such computation, including International Financial Reporting Standards as issued by the International Accounting Standards Board.