Relevant Accounting Standards definition

Relevant Accounting Standards means, in relation to the Accounts any of the following in force on the relevant Balance Sheet Date, namely any applicable Statement of Standard Accounting Practice, Financial Reporting Standard, Urgent Issues Task Force Abstract or Statement of Recommended Practice issued by the UK Accounting Standards Board (or any successor body) or any committee of it or body recognised by it and, to the extent that the Company is not required to comply with any of the foregoing, the relevant accounting standards applicable to the Company;

Relevant Accounting Standards means generally accepted United Kingdom accounting policies, practices, principles and conventions using all relevant International Financial Reporting Standards as adopted by the European Union, including all IFRS, International Accounting Standards, Interpretations issued by the International Financial Reporting Interpretations Committee and the Standing Interpretations Committee and all relevant statements and recommendations from professional accountancy bodies.

Relevant Accounting Standards means, in relation to any Accounts or Management Accounts or any balance sheet or profit and loss account of any company or other entity, any of the following in force on the relevant Accounting Date or the date of those Management Accounts, such balance sheet or profit and loss account, namely any applicable Statement of Standard Accounting Practice, Financial Reporting Standard, Urgent Issues Task Force Abstract or Statement of Recommended Practice issued by the UK Accounting Standards Board (or any successor body) or any committee of it or body recognised by it and, to the extent that any member of the Group is not required to comply with any of the foregoing, the relevant accounting standards applicable to that member of the Group;

Examples of Relevant Accounting Standards in a sentence

• The Year-End Financials and the Interim Financials (collectively referred as the “Financials”) are true and correct in all material respects and have been prepared in accordance with Relevant Accounting Standards applied on a consistent basis throughout the periods indicated and consistent with each other.

• Upon the expiry of any such notice as is referred to in this Condition 5(d), the Issuer shall be bound to redeem the Securities in accordance with this Condition 5(d) provided that such date for redemption shall be no earlier than the last day before the date on which the Securities must not or must no longer be so recorded as “equity” of the Guarantor pursuant to the Relevant Accounting Standards.

• All the books, ledgers and accounting and other financial records of each Group Company required to be kept by law or Relevant Accounting Standards or IFRS have been fully, properly and accurately kept and completed in accordance with the requirements of law, Relevant Accounting Standards and IFRS.

• The Restated and Re-Audited FY2014 Financial Statements and Restated and Re-Audited FY2015 Financial Statements are required by ACRA to comply with their technical opinion on the Relevant Accounting Standards, the application of which requires judgment.

• The Trading Statement for the Relevant Earn-Out Period shall be prepared in accordance with the Relevant Accounting Standards and using the accounting principles, evaluation rules and procedures, methods and bases adopted by the Company in the Financial Year immediately prior to the preparation of such statement.

More Definitions of Relevant Accounting Standards

Relevant Accounting Standards means, in relation to any Person, generally accepted accounting principles as in effect in the United States from time to time.

Relevant Accounting Standards means the accounting standards applicable to the preparation of a Person’s financial statements, which, for Parent is IFRS, and for the Company and NextTrip, is GAAP.

Relevant Accounting Standards means (A) in relation to any audited accounts or any audited balance sheet or profit and loss account of any company or other entity, any of the following in force on the relevant accounting date or the date of such balance sheet or profit and loss account: any applicable Statement of Standard Accounting Practice, the Financial Reporting Standard, the International Financial Reporting Standards as adopted by the European Union or any generally accepted accounting practice of the countries in which the Acquired Companies operate and (B) in relation to any unaudited accounts, balance sheet or profit and loss statement of the Company (including the Closing Balance Sheet and the Monthly Financials), the reporting standards as adopted by the Company to be applied of which an example is attached in Schedule 1.1(a).

Relevant Accounting Standards means Financial Reporting Standard 102 issued by the Accounting Council.

Relevant Accounting Standards means US GAAP consistent with the accounting standards applied by the Parent.

Relevant Accounting Standards means UK generally accepted accounting principles;

Relevant Accounting Standards means the practice of preparing accounts in compliance with all applicable laws and accounting conventions, principles and practices generally accepted in the UK required to be used in the preparation of accounts, which accounts are intended to show a fair presentation, as required by International Accounting Standards as approved by the European Union whereby the accounting treatment is specified in International Financial Reporting Standards, International Accounting Standards and IFRIC Draft Interpretations;