Italian GAAP definition

Italian GAAP means generally accepted accounting principles in Italy.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Italian GAAP means the rules of Italian Law applicable to the drafting of financial statements, as integrated by, interpreted and applied in accordance with the accounting principles (principi contabili) issued by (x) the ▇▇▇▇▇▇▇▇▇ Nazionale dei Dottori Commercialisti and the ▇▇▇▇▇▇▇▇▇ Nazionale dei Ragionieri, as amended by the OIC (Organismo Italiano di Contabilità), and (y) directly by the OIC (Organismo Italiano di Contabilità), in each case in effect as of the reference date of the financial statements.

Italian GAAP means the accounting standards approved by the National Councils of "Dottori Commercialisti e Ragioneri," and in the absence thereof, those issued by the International Accounting Standards Committee. 156 165

Examples of Italian GAAP in a sentence

There are no material liabilities of the Company or any of its subsidiaries of a nature required to be reflected on a balance sheet prepared in accordance with Italian GAAP, other than liabilities (i) reflected or reserved against on the Financial Statements or the notes thereto, or (ii) incurred since December 31, 2003 in the ordinary course of business of the Company and its subsidiaries.
The Financial Statements fairly present in all material respects in accordance with such books and records and Italian GAAP the consolidated financial position of the Company and its subsidiaries as of the dates thereof.
Except as required by Italian GAAP, Novuspharma has not, since November 9, 2000, made any change in the accounting practices or policies applied in the preparation of the Novuspharma Financial Statements.
The two arbitrators so nominated shall mutually nominate a third then active certified public accountant knowledgeable in Italian GAAP within ten days of the nomination of the second arbitrator to serve as the chair of the tribunal.
The most recent Novuspharma Financial Statements filed prior to the date of this Agreement and publicly available properly reflect in accordance with Italian GAAP all social security contributions payable by Novuspharma for all taxable periods and portions thereof through the date of such Novuspharma Financial Statements.

More Definitions of Italian GAAP

Italian GAAP means generally accepted Italian accounting principles approved by the “▇▇▇▇▇▇▇▇▇ Nazionale dei Dottori Commercialisti e dei Ragionieri” as supplemented by the principles specified by the “Organismo Italiano di Contabilità” or, in their absence, the accounting principles by the International Accounting Standards Board (I.A.S.B.), applied by the Company consistently with the past practice and used to prepare the Financial Statements of the Company.

Italian GAAP means the generally accepted accounting principles as practiced in Italy, and including all rules, pronouncements, methods and practices as based mainly by the Civil Code, Legislative Decree no. 127 of April 9, 1991, the principles of the Commissione per la Statuizione dei Principi Contabili of the Consiglio Nazionale dei Dotto▇▇ Commercialisti e dei Ragionieri and regulations of Consob.

Italian GAAP means the rules of the Code dealing with annual financial statements and the Italian generally accepted accounting principles as issued by the Organismo Italiano di Contabilità (OIC) or, in their absence, the International Financial Reporting Standards as issued by the International Accounting Standards Board (IASB) of the IFRS Foundation, in each case applied on a basis that is consistent with past practice.

Italian GAAP means Italian generally accepted accounting principles. "Liens" means any claim, mortgage, deed of trust, pledge, security

Italian GAAP means the accounting principles set out in the Italian Civil Code as defined and interpreted by the Organismo Italiano di Contabilità (the Italian Committee on Accounting) and by ▇▇▇▇▇▇▇▇▇ Nazionale dei Dottori Commercialisti e dei Ragionieri (the Italian Accountants’ Organization), as in effect as of the relevant time.

Italian GAAP means Italian generally accepted accounting principles applied on a consistent basis with prior accounting periods.

Italian GAAP. ’ means the Italian law governing the preparation of consolidated financial statements, as interpreted and integrated by the accounting principles established by the Organismo Italiano di Contabilita`—OIC;