GAAP BASIS definition

GAAP BASIS means that the computation of the applicable item or items shall be determined in accordance with generally accepted accounting principles consistently applied.
View Source

Examples of GAAP BASIS in a sentence

  • VII-38 7.27.1 AUDITED FINANCIAL STATEMENTS (GAAP BASIS)..................................................

  • VII-38 7.27.1 AUDITED FINANCIAL STATEMENTS (GAAP BASIS) ....................