Method of Accounting definition

Method of Accounting means a cash basis method of accounting.
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Method of Accounting means the accrual method of accounting or any other method of accounting acceptable to the Accountant that the General Partner may select from time to time which shall be in accordance with generally accepted accounting principles now or hereafter in effect. All accounting terms not specifically defined herein shall be construed in accordance with the Method of Accounting.
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Method of Accounting means the method of accounting selected from time to time by the Managers.
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Examples of Method of Accounting in a sentence

  • BOOKS OF ACCOUNT, ACCOUNTING REPORTS, TAX RETURNS, FISCAL YEAR, BANKING Method of Accounting.

  • Acquired Subsidiaries with negative equity will be restated to $1 pursuant to the Equity Method of Accounting.

  • Acquired Subsidiaries with negative equjty will be restated to $1 pursuant to the Equity Method of Accounting.

  • Acquired Subsidiaries with negative equity will be restated to $1, pursuant to the Equity Method of Accounting.

  • BOOKS OF ACCOUNT, ACCOUNTING REPORTS, TAX RETURNS, FISCAL YEAR, BANKING 12 7.1 Books of Account 12 TABLE OF CONTENTS (continued) Page 7.2 Accounting Reports 13 7.3 Tax Returns 13 7.4 Method of Accounting 13 7.5 Tax Matters Partner.

  • Method of Accounting The hold will return the method of accounting previously determined let the Members for financial reporting and tax purposes.

  • We evaluate our equity investments for impairment in accordance with Accounting Principles Board Opinion No. 18, ‘‘The Equity Method of Accounting for Investments in Common Stock’’ (‘‘APB 18’’).

  • Impairment of investments in affiliated companies -- In accordance with Accounting Principles Board Opinion ("APB") No. 18, The Equity Method of Accounting for Investments in Common Stock, GFC reviews the carrying amount of its investments in affiliates annually, or whenever events or changes in circumstances indicate that a decline in value may have occurred.

  • Contractor shall allocate cash flow using the Indirect Method of Accounting, as described by GAAP.

  • Attachment “B” Accounting Method Actual Cost Method of Accounting The utility accumulates cost under a work order accounting procedure prescribed by the Federal or State regulatory body and proposes to request reimbursement for actual direct and related indirect costs.


More Definitions of Method of Accounting

Method of Accounting means the accrued basis method of accounting unless another method of accounting is agreed upon by the Sole Member or is required to be used by the Code.
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Related to Method of Accounting

  • Subscription Accounting means an accounting of all subscriptions for Shares received and accepted by Broker as of the date of such accounting, indicating for each subscription the Subscriber’s name, social security number and address, the number and total purchase price of subscribed Securities, the date of receipt by Broker of the Cash Investment Instrument, and notations of any nonpayment of the Cash Investment Instrument submitted with such subscription, any withdrawal of such subscription by the Subscriber, any rejection of such subscription by Broker, or other termination, for whatever reason, of such subscription.

  • Accounting means activities providing information, usually quantitative and often expressed in monetary units, for:

  • Request for an accounting means a record authenticated by a debtor requesting that the recipient provide an accounting of the unpaid obligations secured by collateral and reasonably identifying the transaction or relationship that is the subject of the request.

  • Accounting system means the Contractor's system or systems for accounting methods, procedures, and controls established to gather, record, classify, analyze, summarize, interpret, and present accurate and timely financial data for reporting in compliance with applicable laws, regulations, and management decisions, and may include subsystems for specific areas such as indirect and other direct costs, compensation, billing, labor, and general information technology.

  • Automated Message Accounting (AMA) is a structure inherent in switch technology that initially records Telecommunication message information. AMA format is contained in the Automated Message Accounting document published by Telcordia (formerly known as Bellcore) as GR-1100-CORE, which defines and amends the industry standard for message recording.

  • Accounting Procedure means the principles and procedures of accounting set out in Appendix C.

  • Automated Message Accounting (AMA means the structure that is inherent in switch technology that initially records Telecommunication message information. AMA format is contained in the Automated Message Accounting document published by iconectiv (formerly known as Telcordia) as GR-1100-CORE, which defines and amends the industry standard for message recording.

  • Hours of Operation are the hours established by the Employer to provide adequate service to the public and to fulfil the functions of the work unit.

  • Accounting Authority means the Board of PRASA;

  • Annual Accounting Period or “Financial Year” means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.

  • Registered in the System for Award Management (SAM means that–

  • Accounting Year means the financial year commencing from the first day of April of any calendar year and ending on the thirty-first day of March of the next calendar year;

  • Registered in the System for Award Management (SAM) database means that—

  • Accounting Statement means for each financial year, the following statements, namely-

  • Accounting Policies means GAAP, applied in a manner consistent with the accounting policies, principles, practices and methodologies used in the preparation of the Audited Balance Sheet.

  • Areas of Operations means the locations where PURCHASER performs the operations described in the contract.

  • Accounting Standard means GAAP.

  • Board of Appeals means the local board of appeals as created by local ordinance.

  • consolidating supervisor means the competent authority responsible for the exercise of supervision on a consolidated basis of EU parent institutions and institutions controlled by EU parent financial holding companies or EU parent mixed financial holding companies.

  • International Accounting Standards means International Accounting Standards (IAS), International Financial Reporting Standards (IFRS) and related Interpretations (SIC-IFRIC interpretations), subsequent amendments to those standards and related interpretations, and future standards and related interpretations issued or adopted by the International Accounting Standards Board (IASB);

  • Records management means the systematic control of all records from creation or receipt through processing, distribution, maintenance and retrieval, to their ultimate disposition.

  • Election Officer or "election official" means any of the following:

  • Generally accepted auditing standards means Canadian Generally Accepted Auditing Standards as adopted by the Canadian Institute of Chartered Accountants applicable as of the date on which such record is kept or required to be kept in accordance with such standards.

  • Financial Officer means the chief financial officer, principal accounting officer, treasurer or controller of the Borrower.

  • Certificate of operation means a document issued by the administrator or an approved local jurisdiction for a conveyance indicating that the conveyance has been inspected by the administrator, an approved local jurisdiction, or a licensed third-party conveyance inspector and approved under this article.

  • Accounting Periods means each month.