Swiss GAAP definition

Swiss GAAP means, generally accepted accounting principles applicable in Switzerland.

Swiss GAAP means the accounting rules of the Swiss Federal Law on Banks and Savings Banks and the respective Implementing Ordinance, the Federal Banking Commission guidelines and Swiss GAAP FER Financial Reporting Standards for the insurance businesses of the Company, which collectively are the generally accepted accounting principles for banks and insurance companies, respectively, in Switzerland.

Swiss GAAP means generally accepted accounting principles, as applied in Switzerland and the rules of Swiss law applicable to the drafting of financial statements.

Examples of Swiss GAAP in a sentence

• Seller will not alter the physical contents or character of any of its inventory as listed on Schedule 1(C) so as to affect the nature of the Business or result in a change in the total franc valuation thereof other than normal period-end adjustments in accordance with Swiss GAAP and other than as a result of transactions in the ordinary course of business.

• Ascom changed the accounting principles of the Group from IFRS to Swiss GAAP FER effective as of 1 January 2015.

• Accordingly, Ascom expects to realize an extraordinary loss of around CHF 145 million from the divestment of the Network Testing Division, resulting principally from the non-cash relevant recycling of goodwill previously offset against shareholders' equity according to Swiss GAAP FER.

• According to Swiss GAAP FER 30, Ascom decided to offset goodwill against equity.

• In case of a divestment of an entity, Swiss GAAP FER accounting standards require the recycling of associated goodwill through the income statement.

More Definitions of Swiss GAAP

Swiss GAAP means the accounting principles and practices generally accepted from time to time in France, Germany and Switzerland, respectively.

Swiss GAAP means Swiss generally accepted accounting principles as in effect from time to time;

Swiss GAAP means the accounting principles as in effect pursuant to the Swiss Code of Obligations. “Target Company” means each of the Company and its direct and indirect Subsidiaries.

Swiss GAAP means the accounting rules of the Swiss Federal Law on Banks and Savings Banks and the respective Implementing Ordinance, the Federal Banking Commission guidelines and Swiss GAAP FER Financial Reporting Standards for the insurance businesses of Credit Suisse Group, which collectively are the generally accepted accounting principles for banks and insurance companies, respectively, in Switzerland.

Swiss GAAP means generally accepted accounting principles in Switzerland, consistently applied;

Swiss GAAP means generally accepted accounting principals prevailing in Switzerland.

Swiss GAAP means the accounting principles as in effect pursuant to the Swiss Code of Obligations.