Company Accounting Methodology definition

Company Accounting Methodology is defined in Section 6.12.
Sample 1
Company Accounting Methodology means GAAP and the selection of policy alternatives under GAAP of Woodward and the related accounting practices of Xxxxxxxx.
Sample 1
Company Accounting Methodology means (i) GAAP as applied on a basis consistent with the principles and methodologies used in preparation of Schedule B hereto, and with respect to the Net Working Capital Amount, using the line items set for therein (and with respect to the balance sheets referred to in Sections 1.2(a) and 1.2(c), to the extent not inconsistent with the foregoing, the principles and methodologies used in preparation of the Interim Balance Sheet), and (ii) with respect to any one or more items on Schedule B that were not prepared in accordance with GAAP, with such exceptions to GAAP as are set forth on Schedule B (and with respect to the balance sheets referred to in Sections 1.2(a) and 1.2(c), to the extent not inconsistent with the foregoing exceptions, with such exceptions to GAAP as are set forth on Section 3.4(a) of the Seller Disclosure Schedule); provided, however, that if and to the extent that any such exceptions are not set forth on Schedule B or Section 3.4(a) of the Seller Disclosure Schedule, as applicable, the relevant items shall be determined in accordance with GAAP.
Sample 1

Examples of Company Accounting Methodology in a sentence

  • The Company’s books and records shall be kept in accordance with the accrual method of accounting for income tax, consistent with the Company Accounting Methodology for other reporting purposes, except, in each case as may otherwise be required by applicable Law.

  • Such books and records shall include separate books of account for each Member that shall show a true and accurate record of all costs and expenses incurred, all charges made, all credits made and received and all income derived in connection with the operation of the business of the Company consistent with the Company Accounting Methodology.

  • The Company currently utilizes the Company Accounting Methodology for income tax purposes and has not changed its method of accounting for income tax purposes in the past five years.

  • The allowance for collection losses on the Interim Balance Sheet has been determined in accordance with the Company Accounting Methodology, consistent with past practice.

  • The allowance for collection losses on the Interim Balance Sheet or on Schedule 6.14 has been determined in accordance with the Company Accounting Methodology consistent with past practice.

  • As soon as practicable, but in any event within 90 days after the Closing, UniCapital shall engage Price Waterhouse LLP to prepare, in accordance with the Company Accounting Methodology, a balance sheet of the Company (the "Closing Date Balance Sheet") as of the end of business on the day prior to the Closing Date (as defined in Section 5.1 hereof).


More Definitions of Company Accounting Methodology

Company Accounting Methodology means GAAP, applied on a basis consistent with the principles, methods and practices utilized in preparing the Audited Balance Sheet.
Sample 1

Related to Company Accounting Methodology

  • Applicable Accounting Standards 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.

  • 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.

  • International Accounting Standards means International Accounting Standards (IAS), International Financial Reporting Standards (IFRS) and related Interpretations (SIC-IFRIC interpretations), subsequent amendments to those standards and related interpretations, and future standards and related interpretations issued or adopted by the International Accounting Standards Board (IASB);

  • 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.

  • Generally accepted auditing standards means Canadian Generally Accepted Auditing Standards as adopted by the Canadian Institute of Chartered Accountants applicable as of the date on which such record is kept or required to be kept in accordance with such standards.

  • Accounting Procedure means the principles and procedures of accounting set out in Appendix C.

  • 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.

  • International Financial Reporting Standards means the accounting standards and interpretations adopted by the International Accounting Standards Board.

  • Generally Accepted Accounting Principles means generally accepted accounting principles, being those principles of accounting set forth in pronouncements of the Financial Accounting Standards Board, the American Institute of Certified Public Accountants or which have other substantial authoritative support and are applicable in the circumstances as of the date of a report.

  • Methodology As defined in Section 3 of this Exposure Protection Schedule. Obligations – All of Carrier’s obligations under the Agreement and any Other Signatory Agreements whether now existing or hereafter arising, whether now existing or hereafter arising (including any of the foregoing obligations that arise prior to or after any Insolvency Event and any obligations arising pursuant to this Exposure Protection Schedule).

  • Accounting Policies means the accounting policies and procedures set out in Part C of Schedule 4 (Accounting Policies);

  • Accounting Reference Date means 31 December.

  • Accounting Statement means for each financial year, the following statements, namely-

  • Accounting Date means the thirtieth day of June in each year and any interim date on which the financial statements of the Trust are drawn up. Provided that the Management Company may, with the written consent of the Trustee and after obtaining approval from the Commission and the Commissioner of Income Tax may change such date to any other date and such change shall be intimated to the Commission.

  • Accounting Standards means the standards of accounting or any addendum thereto for companies or class of companies referred to in section 133;

  • Accounting Restatement Date means the earlier to occur of (a) the date that the Board, a committee of the Board authorized to take such action, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare an Accounting Restatement, or (b) the date that a court, regulator or other legally authorized body directs the Company to prepare an Accounting Restatement.

  • Annual Accounting Period or “Financial Year” means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.

  • Accounting system means the Contractor's system or systems for accounting methods, procedures, and controls established to gather, record, classify, analyze, summarize, interpret, and present accurate and timely financial data for reporting in compliance with applicable laws, regulations, and management decisions, and may include subsystems for specific areas such as indirect and other direct costs, compensation, billing, labor, and general information technology.

  • Accounting Restatement means an accounting restatement that the Company is required to prepare due to the material noncompliance of the Company with any financial reporting requirement under the securities laws, including any required accounting restatement to correct an error in previously issued financial statements that is material to the previously issued financial statements, or that would result in a material misstatement if the error were corrected in the current period or left uncorrected in the current period.

  • Oversight Board means each entity established pursuant to Section 34179.

  • auditing standards means auditing standards as defined in National Instrument 52-107 Acceptable Accounting Principles and Auditing Standards;

  • 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).

  • 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);

  • Registered Public Accounting Firm has the meaning specified in the Securities Laws and shall be independent of the Borrower as prescribed by the Securities Laws.