Company Accounting Practices definition

Company Accounting Practices means the accounting methods, policies, practices and procedures, including classification and estimation methodology (but taking into account all available information as of the time of preparation of the Financial Statements or calculations) used by the Company in the preparation of the Financial Statements for the year ended December 31, 2023.
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Company Accounting Practices means those accounting practices of the Company that are consistent with past practices and in compliance with the Company's accounting policy. Any differences between Company Accounting Practices and U.S. GAAP are listed on Schedule 1 hereto.
Sample 1
Company Accounting Practices means the accounting principles, policies, methods and practices applied by the Company in accordance with GAAP in the preparation of its annual audited accounts for the financial year ended 30 September 2007;
Sample 1

Examples of Company Accounting Practices in a sentence

  • The Closing Date Financial Statements present fairly in all material respects, the financial position of the Company and the Subsidiaries in accordance with the Company Accounting Practices as of the Closing Date, subject to changes occurring in the Ordinary Course of Business since November 30, 2018.

  • The Company Historical Financial Statements fairly present in all material respects the assets, liabilities and financial position of the Company and its results of operations and changes in financial position and cash flows as of the respective dates and for the periods specified, all in accordance with the Company Accounting Practices.

  • The Company will not be required to include in income after the Closing Date any amounts attributable to income that economically accrued (as determined under the Company Accounting Practices) before the Closing Date, including as a result of the installment method of accounting, the completed contract method of accounting, the cash method of accounting or a change in accounting method.

  • Fisher, 111 Hawai#i 41, 46, 137 P.3d 355, 360 (2006)(quoting In re Doe, 95 Hawai#i 183, 189-90, 20 P.3d 616, 622-23(2001)).The Family Court entered the Order of Protection pursuant to HRS § 586-5.5. HRS § 586-5.5(a) (2018) provides in relevant part: § 586-5.5. Protective order; additional orders.

  • The Actual Closing Net Working Capital Statement shall be prepared in accordance with the Company Accounting Practices and in reliance upon the financial books and records of the Company reflecting its assets and liabilities.

  • The Accounts in all material respects conform to the requirements of the Swedish Book Keeping Act (Sw. Bokföringslagen (1999:1078)) and the Swedish Annual Accounts Act (Sw. Årsredovisningslagen (1995:1554)) and are consistent with the Company Accounting Practices and GAAP.

  • The Company Accounting Practices complies and, in respect of the 2007 Accounts complied, with GAAP.

  • Immediately after January 1, 2007, the Company will have conducted a physical count of the Inventory on hand as of the close of business on December 31, 2006 (which the Buyer shall have had the right to observe), and the Company will value such Inventory in accordance with the Company Accounting Practices, which count and value shall be utilized for purposes of calculating the Adjusted Net Assets as of December 31, 2006.

  • The notes and accounts receivable of the Company are not subject to any set off or counterclaim, other than any amount for which a reserve has been established consistent with past practices and calculated in accordance with Company Accounting Practices (as shown on the Balance Sheet or, for receivables arising subsequent to the Balance Sheet Date, as reflected on the books and records of the Company (which receivables are recorded in accordance with Company Accounting Practices consistently applied)).

  • All reserves that are set forth in or reflected in the Balance Sheet have been established in accordance with Company Accounting Practices consistently applied and are adequate.


More Definitions of Company Accounting Practices

Company Accounting Practices means the accounting policies, practices and procedures used by the Company in preparing the Financial Statements.
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Related to Company Accounting Practices

  • 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.

  • 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.

  • International Accounting Standards means the accounting standards approved by the International Accounting Standards Board from time to time.

  • Practice of public accounting means the performance or the offering to perform, by a person holding oneself out to the public as a certified public accountant or a licensed public accountant, one or more kinds of professional services involving the use of accounting, attest, or auditing skills, including the issuance of reports on financial statements, or of one or more kinds of management advisory, financial advisory, or consulting services, or the preparation of tax returns or the furnishing of advice on tax matters. However, with respect to licensed public accountants, the “practice of public accounting” shall not include attest or auditing services or the rendering of an opinion attesting to the reliability of any representation embracing financial information.

  • 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

  • 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.

  • 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.

  • 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.

  • Practices means that the practice(s) seems like a logical approach to addressing a specific behavior which is becoming distinct, recognizable among Clients and clinicians in practice, or innovators in academia or policy makers; and at least one recognized expert, group of researchers or other credible individuals have endorsed the practice as worthy of attention based on outcomes; and finally, it produces specific outcomes.

  • 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).

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

  • Accounting Manual means the latest version of the document titled “Accounting for Parents and Citizens Associations” that is published by the Department of Education as amended from time to time.

  • Good Industry Practices means the practices that would be adopted by, and the exercise of that degree of care, skill, diligence, prudence and foresight that reasonably would be expected from, a competent contractor in the international oil and gas industry experienced in performing work similar in nature, size, scope and complexity to the Work and under conditions comparable to those applicable to the Work, where such work is subject to, and such contractor is seeking to comply with, the standards and codes specified in the Contract or (to the extent that they are not so specified) such national or international standards and codes as are most applicable in the circumstances, and the applicable Law.

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

  • Generally Accepted Accounting Principles or “GAAP” means generally accepted accounting principles in the United States, consistently applied, which are in effect on the date of this Indenture.

  • Australian Accounting Standards means the accounting standards made by the Australian Accounting Standards Board in accordance with section 227 of the Australian Securities and Investments Commission Act 2001 (Cth).

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

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

  • International Financial Reporting Standards or “IFRS” means the accounting standards issued or endorsed by the International Accounting Standards Board.

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

  • Auditing Profession Act ’ means the Auditing Profession Act, 2005 (Act No. 26 of 2005);

  • 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.

  • Proper practices means those set out in The Practitioners’ Guide

  • public accountant means a person who is registered or deemed to be registered under the Accountants Act (Cap. 2) as a public accountant;

  • Reporting Accountants means the auditors of National Grid (but not acting in their capacity as auditors) or such other firm of accountants as may be nominated by National Grid and approved in writing by the Trustee for the purpose or, failing which, as may be selected by the Trustee for the purpose; and

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