GAAP definition

GAAP means United States generally accepted accounting principles.

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.

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

Examples of GAAP in a sentence

• GAAP will include, without limitation, those principles approved or recommended for local governments from time to time by the Public Sector Accounting Board or the Chartered Professional Accountants of Canada or any successor institute, applied on a consistent basis.

• In this Agreement, except to the extent, if any, otherwise provided herein, all accounting and financial terms shall have the meanings ascribed to such terms by GAAP, and all computations and determinations as to accounting and financial matters shall be made in accordance with GAAP.

• Unless otherwise expressly stated, all accounting terms and principles applicable to this Agreement shall be interpreted and applied in accordance with GAAP.

• The Grantee shall maintain books, records and documents directly pertinent to performance under this Agreement in accordance with United States generally accepted accounting principles (US GAAP) consistently applied.

• The Foundation shall maintain accounting records and supporting data per GAAP (Generally Accepted Accounting Principles.) The Foundation shall preserve all accounting and supporting documents for three (3) years after completion of services.

More Definitions of GAAP

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

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

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

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 as in effect from time to time in the United States, consistently applied.

GAAP means United States generally accepted accounting principles, consistently applied.