Generally recognised accounting practice definition

Generally recognised accounting practice means an accounting practice complying with standards applicable to municipalities or municipal entities as determined by the Accounting Standards Board;
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Generally recognised accounting practice means an accounting practice complying in material respects with standards issued by the Accounting Standards Board;
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Related to Generally recognised accounting practice

  • 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).

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

  • U.S. GAAP means United States generally accepted accounting principles consistently applied.