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China GAAP definition

China GAAP means Generally Accepted Accounting Principles for the People’s Republic of China.
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China GAAP means generally accepted accounting principles in China, as in effect from time to time.
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China GAAP. China GAAP means China generally acceptable accounting principles.
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Examples of China GAAP in a sentence

  • With respect to amounts required to be converted into another currency for calculation or payment hereunder, such amounts will be converted using a rate of exchange which corresponds to the rate used for conversion between the relative currencies by whichever Party recorded the relevant receipt or expenditure, for the respective reporting period in its books and records that are maintained in accordance with U.S. GAAP or China GAAP, as the case may be.

  • If a Party is not required to perform such a currency conversion for its U.S. GAAP or China GAAP reporting with respect to the applicable period, then for such period such Party will make such conversion using the rate of exchange which corresponds to the noon buying rate as published in the Wall Street Journal, Eastern U.S. Edition on the second to last business day of the calendar quarter (or such other publication as agreed-upon by the Parties) in which such receipt or expenditure was incurred.

  • A-share companies are required to prepare their financial statements in accordance with the requirements of China GAAP prior to 2007 IFRS convergence.

  • More specifically, whether earnings and book value of equity of listed Chinese companies are more value-relevant in the post IFRS convergence periods than in the pre-IFRS periods.The pre-IFRS is the time period between 2004 and 2006 representing the period prior to the application of the IFRS, during which China GAAP was the adopted accounting standard amongst A-share companies listed on the Shenzhen Stock Exchange and the Shanghai Stock Exchange.

  • The books of the Company and each Company Subsidiary that is organized outside of China shall be kept in accordance with IFRS, and the books of each Company Subsidiary that is organized in China shall be kept in accordance with China GAAP; provided that in the event that both IFRS and China GAAP apply to a given transaction, IFRS shall apply.

  • The rationale behind focusing on companies issuing A-share only instead of companies issuing both A- and B-share in this study is to avoid potential cross influence between IFRS and China GAAP when two sets of financial statements are being prepared within the same company for both international and domestic investors.

  • The Proposer’s Qualifications and Fee Proposal, in accordance with the requirements contained therein, to operate the System are due no later than 4:00 pm ET on February 14, 2020.

  • Transactiekosten worden ook nauwelijks gemaakt als de werkgever de schoonmaker wel heeft ontmoet bij de betreffende referentie, maar niet zelf de tijd en moeite neemt voor een ontmoeting in het eigen huis en het maken van afspraken.

  • Depreciation on the building during the year was approximately $115,000 in both 2013 and 2012.

  • We re-estimate the results for the subset of allocation decisions in which the combined damage in both divide-the-dollar conjoint scenarios was equal to or less than $10 million.


More Definitions of China GAAP

China GAAP. . China GAAP means China generally acceptable accounting principles.
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China GAAP has the meaning set forth in Section 1.1.
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China GAAP means GAAP as applied in the PRC.
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China GAAP means the generally acceptable accounting principles in the PRC;
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Related to China GAAP

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

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

  • 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.

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

  • Brazilian GAAP means, collectively, the accounting principles prescribed by Brazilian Corporate Law, the rules and regulations issued by applicable regulators, including the CVM, as well as the technical releases issued by the Brazilian Institute of Accountants (Instituto Brasileiro de Contadores), in each case as in effect from time to time.

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

  • Mexican GAAP means accounting principles and practices generally accepted in Mexico.

  • 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).

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

  • Agreement Accounting Principles means generally accepted accounting principles as in effect from time to time, applied in a manner consistent with that used in preparing the financial statements referred to in Section 5.4.

  • HKFRS Hong Kong Financial Reporting Standards issued by the Hong Kong Institute of Certified Public Accountants

  • Agreed Accounting Principles means GAAP applied using accounting methods, practices, principles, policies and procedures with consistent classifications, judgments and valuation and estimation that were used in the preparation of the Year-End Financial Statements.

  • Current Financials means, at any time, the consolidated Financial Statements of the Companies most recently delivered to Administrative Agent under Section 7.1(a) or 7.1(b), as the case may be.

  • GAAS means generally accepted auditing standards.

  • Current Financial Statements has the meaning given to such term in Section 5.9.

  • Most Recent Financial Statements has the meaning set forth in Section 4(g) below.

  • Year-End Financial Statements has the meaning set forth in Section 3.06.

  • IAS means International Accounting Standards.

  • Target Financial Statements has the meaning set forth in Section 3.4.

  • Fixed GAAP Date means the Issue Date; provided that at any time after the Issue Date, the Issuer 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.

  • Historical Financial Statements means the audited consolidated balance sheets of the Borrower as of December 31, 2006 and December 31, 2005 and the audited consolidated statements of income, stockholders’ equity and cash flows of the Borrower for each of the fiscal years in the three year period ending on December 31, 2006.

  • Audited Financials has the meaning specified in Section 4.6(a).

  • Financials means the annual or quarterly financial statements, and accompanying certificates and other documents, of the Borrower and its Subsidiaries required to be delivered pursuant to Section 5.01(a) or 5.01(b).

  • Parent Financial Statements has the meaning set forth in Section 4.6(a).

  • Audited Financial Statements means the audited consolidated balance sheet of the Borrower and its Subsidiaries for the fiscal year ended December 31, 2017, and the related consolidated statements of income or operations, shareholders’ equity and cash flows for such fiscal year of the Borrower and its Subsidiaries, including the notes thereto.

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