Swedish GAAP definition
Examples of Swedish GAAP in a sentence
Swedish GAAP allows for expenditures during the development phase to be capitalized as intangible assets if it is probable, with a high degree of certainty, that they will result in future economic benefits for the Company.
In accordance with Swedish GAAP, the Company recognizes revenue when earned.
In accordance with Swedish GAAP, the Company recognizes exchange differences in the same way as in US GAAP with exception for translation differences which are not recognized as other comprehensive income but booked against equity.
The following is a summary of the significant differences between Swedish GAAP and those of U.S. GAAP, which may be relevant for Artema.
Under Swedish GAAP, acquired in-process research and development is not separately identified and is instead included in goodwill.