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PRC GAAP definition

PRC GAAP means generally accepted accounting principles and practices in effect from time to time in the PRC applied consistently throughout the periods involved.

Examples of PRC GAAP in a sentence

  • Based on the unaudited management accounts for the six months ended 30 June 2020 and the audited financial statements for the financial year ended 31 December 2019 of Lvjie Fund, which were prepared in accordance with the PRC GAAP, the net asset value of Lvjie Fund was RMB359,091,495.97 and RMB362,448,148.91 respectively.


More Definitions of PRC GAAP

PRC GAAP means the China Accounting Standards (企业会计准则) as promulgated and amended from time to time and their interpretations, guidelines and implementation rules, which collectively are accepted as generally accepted accounting principles in the PRC.
PRC GAAP means PRC Accounting Standards for Business Enterprises in effect from time to time applied consistently throughout the periods involved.
PRC GAAP means the Accounting Standards for Business Enterprises issued by the Ministry of Finance of the PRC and all applicable guidance, bulletins and other relevant accounting regulations issued thereafter, as amended from time to time;