Polish Accounting Act definition

Polish Accounting Act means the Polish Act dated 29 September 1994 on accounting (Ustawa z dnia 29 września 1994 r. o rachunkowości);
Sample 1Sample 2Sample 3
Polish Accounting Act means the Polish Act of 29 September 1994 on accounting (ustawa z dnia 29września 1994 r. o rachunkowości);
Sample 1

Examples of Polish Accounting Act in a sentence

  • The subsidiaries operating in Poland prepare their separate financial statements in accordance with accounting policies specified in the Polish Accounting Act dated 29 September 1994 with subsequent amendments and the regulations issued based on that Act (all together: ‘Polish Accounting Standards’).

  • IMWM has adjusted the accounting principles to IFRS wherein it is allowed by the Article 10.3 of the Polish Accounting Act of 29 September 2004.

  • In accordance with Article 10 of the Polish Accounting Act of September 29, 1994, the accounting information systems documentation is periodically reviewed and updated upon approval by heads of units.

  • In accordance with the Polish Accounting Act, all entities, being capital groups listed on the WSE, prepared financial statements under international standards IAS/ IFRS while the analysis included consolidated financial statements prepared for fiscal year 2015 or fiscal year which ended in 2015.

  • An interesting issue is that the groups following the Polish Accounting Act evaluated negative goodwill as an important tool of earnings management.

  • Although one of the reasons for changing the Fourth EU Directive was to simplify accounting requirements for micro entities, our research results show that such a possibility was not introduced in the Croatian accounting framework, but we can see some exemptions and simplifications in the field of accounting and financial reporting offered in the Polish Accounting Act for micro companies.

  • The majority of companies, amounting to 75%, follow the rules of the Polish Accounting Act UoR, and the remaining 25% follow rules of the IFRS.

  • The Polish Accounting Act provides a relatively restrictive specification of the information companies are required to disclose, whereas in case of IFRS a certain freedom is given in this respect, and, consequently, the extent of especially voluntary disclosure will be much dependent on company management.

  • On the other hand, the Polish accounting system, as mentioned above, is regulated mainly by the Polish Accounting Act, and only in cases when certain issues are not covered by the Act, the Domestic Accounting Standards are used.

  • Functional supervision over the financial and accounting personnel is provided by heads of relevant organisational units.The accounting policies adopted by a resolution of the Management Board meet the requirements set forth in the International Financial Reporting Standards/International Accounting Standards and the Polish Accounting Act.

Related to Polish Accounting Act

  • Australian Accounting Standards means the accounting standards made by the Australian Accounting Standards Board in accordance with section 227 of the Australian Securities and Investments Commission Act 2001 (Cth).

  • International Accounting Standards means the accounting standards approved by the International Accounting Standards Board from time to time.

  • Auditing Profession Act ’ means the Auditing Profession Act, 2005 (Act No. 26 of 2005);

  • Financial Instruments Accounts Act means the Swedish Financial Instruments Accounts Act (lag (1998:1479) om kontoföring av finansiella instrument).

  • Agreement Accounting Principles means generally accepted accounting principles as in effect from time to time, applied in a manner consistent with that used in preparing the financial statements referred to in Section 5.4.

  • Applicable Accounting Standards means Generally Accepted Accounting Principles in the United States, International Financial Reporting Standards or such other accounting principles or standards as may apply to the Company’s financial statements under United States federal securities laws from time to time.

  • SEBI Act or “Act” means the Securities and Exchange Board of India Act, 1992;

  • UK generally accepted accounting principles and practices means the principles and practices prevailing from time to time in the United Kingdom which are generally regarded as permissible or legitimate by the accountancy profession irrespective of the degree of use.

  • Railway Group Standards means standards authorised pursuant to

  • Central Bank UCITS Regulations means the Central Bank (Supervision and Enforcement)

  • International Financial Reporting Standards or “IFRS” means the accounting standards issued or endorsed by the International Accounting Standards Board.

  • Reporting Accountants means the auditors of National Grid (but not acting in their capacity as auditors) or such other firm of accountants as may be nominated by National Grid and approved in writing by the Trustee for the purpose or, failing which, as may be selected by the Trustee for the purpose; and

  • Oversight Board means each entity established pursuant to Section 34179.

  • POPI Act means the Protection of Personal Information Act, 4 of 2013;

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

  • Accounting Event means the receipt by the Issuer of an opinion of an Authorized Public Accountant in Finland (reputable and experienced in such matters) to the effect that, as a result of a change in the applicable accounting standards or interpretation thereof, the equity treatment of the Capital Notes as “equity” in full in the Issuer’s consolidated financial statements has or will cease.

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

  • Agreed Accounting Principles means GAAP; provided, however, that, with respect to any matter as to which there is more than one generally accepted accounting principle, Agreed Accounting Principles means the generally accepted accounting principles consistently applied in the preparation of the Latest Audited Company Balance Sheet; provided, further, that, for purposes of the Agreed Accounting Principles, no known adjustments for items or matters, regardless of the amount thereof, shall be deemed to be immaterial.

  • the 1985 Act means the Companies Act 1985;

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

  • standards of generally recognised accounting practice means an accounting practice complying with standards applicable to municipalities or municipal entities as determined by the Accounting Standards Board

  • 2012 Act means the Health and Social Care Act 2012;

  • 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.

  • Planning Act means the Planning Act, R.S.O. 1990, c. P.13, as amended;

  • Applicable Accounting Principles means, with respect to the Borrower, those accounting principles required by the ICA and prescribed by the SEC for the Borrower and, to the extent not so required or prescribed, GAAP.

  • Sarbanes-Oxley Act means the Sarbanes-Oxley Act of 2002.