Significant Accounting Policies definition

Significant Accounting Policies. The financial statements of the CIDB have been prepared in accordance with International Accounting Standards under the historical cost convention. The significant accounting policies adopted by the Bank are as follows:

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Significant Accounting Policies shall have the meaning given to such term in Clause 3.35;

Significant Accounting Policies. The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. Basis of Preparation: The financial statements of the Authority are prepared on the accrual basis under historical cost convention and are in accordance with International Financial Reporting Standards. The reporting currency is Cayman Islands Dollars.

Examples of Significant Accounting Policies in a sentence

• The Company and Summary of Significant Accounting Policies (Continued) comprehensive income.

• These financial statements should be read in conjunction with the Significant Accounting Policies and other Notes to Financial Statements included in the Fund's annual audited financial statements for the year ended December 31, 1997.

• Notes to Financial Statements December 31, 1997 NOTE A Summary of Significant Accounting Policies Company Background The Company originally incorporated under the laws of the State of Utah on August 11, 1983 using name Communitra Energy, Inc., with a stated principal business activity of inviting in oil, gas and mineral leases, and/or products.

• Basis of Presentation and Significant Accounting Policies and Note 7.

• B-1 C Summary of Significant Accounting Policies.................

• Significant Accounting Policies ▇▇▇▇▇▇▇▇▇▇▇ Emerging Technologies Fund (the Fund) is a non-diversified, open-end management investment company registered under the Investment Company Act of 1940, as amended.

• Significant Accounting Policies ▇▇▇▇▇▇▇▇▇▇▇ California Municipal Fund (the Fund) is registered under the Investment Company Act of 1940, as amended, as a non-diversified, open-end management investment company.

• The Company and Summary of Significant Accounting Policies ▇▇▇▇▇▇ International Inc.

• Significant Accounting Policies ▇▇▇▇▇▇▇▇▇▇▇ Convertible Securities Fund (the Fund), a portfolio of the Bond Fund Series, is registered under the Investment Company Act of 1940, as amended, as an open-end management investment company.

• A discussion of the Company's accounting policies for derivative instruments is included in the Summary of Significant Accounting Policies in the notes to the consolidated financial statements.

More Definitions of Significant Accounting Policies

Significant Accounting Policies shall have the meaning as ascribed to it in Clause 8.16 of this Agreement;

Significant Accounting Policies. The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Significant Accounting Policies. The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. Basis of Preparation: The financial statements of the Authority are prepared in accordance with International Financial Reporting Standards, on the accrual basis under historical cost convention. Foreign Currency The reporting currency is Cayman Islands Dollars. Foreign currency transactions are recorded at the exchange rates prevailing on the date of the transactions. Gains and losses resulting from the settlement of such transactions and from the translation of monetary assets and liabilities denominated in foreign currencies are recognised in the Operating Statement. Assets and liabilities are translated at the exchange rate in effect at the date of these financial statements Use of Estimates. The preparation of financial statements, in conformity with IFRS, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Financial Instruments Classification A financial asset is any asset that is cash, a contractual right to receive cash or another financial asset, exchange financial instruments under conditions that are potentially favourable or an equity instrument of another enterprise. Financial assets comprise cash and cash equivalents, long and short-term investments, accounts and interest receivable, and other receivables and prepayments. A financial liability is any liability that is a contractual obligation to deliver cash or another financial asset or to exchange financial instruments with another enterprise under conditions that are potentially unfavourable. Financial liabilities comprise accounts payable and accrued expenses. Recognition The Authority recognises financial instruments on its balance sheet on the date it becomes a party to the contractual provisions of the instrument. Measurement Financial instruments are measured initially at cost, which is the fair value of the consideration given or received. The financial assets classified as cash and cash equivalents, accounts and interest receivable, and other receivables and prepayments are carried at historical cost, ...