GAAP definition

GAAP means generally accepted accounting principles in the United States of America.

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

GAAP means generally accepted accounting principles in the United States set forth in the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or such other principles as may be approved by a significant segment of the accounting profession in the United States, that are applicable to the circumstances as of the date of determination, consistently applied.

Examples of GAAP in a sentence

• GAAP are established by the Financial Accounting Standards Board (“FASB”).

• Contractor shall maintain an adequate system of accounting and internal controls that meets Generally Accepted Accounting Principles or GAAP.

• Pursuant to the provisions of the FASB ASC 105, the Foundation has updated references to GAAP in its financial statements issued for the year ended June 30, 2010.

• The Institution agrees to maintain a current designation of individuals who are responsible for LAE Program account maintenance through adherence to Generally Accepted Accounting Principles (GAAP).

• Grantee shall keep and maintain under GAAP or GASB, as applicable, full, true, and complete records necessary to fully disclose to the System Agency, the Texas State Auditor’s Office, the United States Government, and their authorized representatives all information required to determine compliance with the terms and conditions of this Grant Agreement and all state and federal rules, regulations, and statutes.

More Definitions of GAAP

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, consistently applied.

GAAP shall have the meaning ascribed to such term in Section 3.1(h).

GAAP means Generally Accepted Accounting Principles.

GAAP means generally accepted accounting principles in the United States.

GAAP means generally accepted accounting principles set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other statements by such other entity as have been approved by a significant segment of the accounting profession, which are in effect from time to time.

GAAP means United States generally accepted accounting principles as in effect from time to time.