Irish GAAP definition

Irish GAAP means generally accepted accounting principles (including International Financial Reporting Standards, as applicable) as in effect from time to time in the Republic of Ireland.

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Irish GAAP means the Irish generally accepted accounting practice which is adopted by the Issuer for the purposes of Irish corporation tax which, unless otherwise elected by the Issuer, shall be the Irish generally accepted accounting practice as it applied for the period ending on 31 December 2004.

Irish GAAP means generally accepted accounting principles from time to time in the Republic of Ireland and approved by the Accounting Standards Board;

Examples of Irish GAAP in a sentence

Any Losses for which an Indemnified Party is entitled to indemnification hereunder shall be promptly paid as suffered, incurred or accrued (in accordance with Irish GAAP).
The profits and losses of the Company shall be determined (a) for Irish statutory purposes, in accordance with the Acts and Irish GAAP (provided it does not conflict with the Acts) and (b) for all other purposes, in accordance with the Acts and U.S. GAAP (provided it does not conflict with the Acts).
Also, additional adjustments were made to convert SCL Irish GAAP presentation to a US GAAP presentation to align with WidePoint’s accounting policies.
The Initial Working Capital Statement shall be prepared in accordance with Irish GAAP applied consistently with their application in connection with the preparation of the Financial Statements.
Allowances for doubtful accounts and warranty returns are adequate and have been prepared in accordance with GAAP or, in the case of EMF and Lightning Europe, Irish GAAP, consistently applied and in accordance with the past practices of each of the Companies.
The Financial Statements have been prepared in accordance with UK and Irish GAAP and the consolidated audited financial statements for the period ended September 30, 2001 have been audited in accordance with UK and Irish GAAS.
The allowance for collection losses on the Interim Balance Sheet and, with respect to Accounts Receivable arising since the Interim Balance Sheet Date, the allowance for collection losses shown on the accounting records of the Business, have been determined in accordance with Irish GAAP and consistent with past practice.
The Borrower will not and will not permit the Irish Subsidiary to make any change in accounting treatment and reporting practices except as required by Irish GAAP.
The value of all inventory items, including finished goods, work-in-process and raw materials, has been recorded on the books of the Companies and the Subsidiaries in the manner set forth in the US GAAP, Irish GAAP or Italian GAAP, as applicable, as amplified by the Agreed Accounting Principles.
The terms current assets and current liabilities shall have the meaning ascribed to those terms by Irish GAAP.

More Definitions of Irish GAAP

Irish GAAP has the meaning set forth in Section 2E.

Irish GAAP means FRSs, SSAPs, the rulings and abstracts of the Urgent Issues Task Force of the Accounting Standards Board Limited and guidelines, conventions, rules and procedures of accounting practice in Ireland which are regarded as permissible by the Accounting Standards Board Limited;

Irish GAAP means the generally accepted accounting principles of the Republic of Ireland. “Management Team” means the individuals described in Section 7.02. 5

Irish GAAP means generally accepted accounting practice in Ireland comprising applicable company law and the accounting standards issued by the Accounting Standards Board and in accordance with the accounting standards and policies used in the most recent audited financial statements of the Company;