2002-39 to change its annual accounting period (or is required to change it on joining another consolidated group).
What does AP stand for?
AP stands for Accounting Period (USPS)
This definition appears very frequently and is found in the following Acronym Finder categories:
- Military and Government
- Business, finance, etc.
See other definitions of AP
We have 193 other meanings of AP in our Acronym Attic
- Access Permit
- Access Permittee (TV and radio broadcasting)
- Access Point
- Access Port
- Access Provider
- Access Proxy
- Accession Partnership (European Union)
- Accessory Pathway
- Acción Popular (Popular Action, Peru)
- Accountability Partner
Samples in periodicals archive:
But the gain was due largely to changes in the accounting period for overseas subsidiaries.
The rules do not apply for 'innocent' share issues where the all of following conditions are satisfied: All or substantially all of the subsidiary's business in a tax accounting period is not carried on with other group members During the tax accounting period there is a maximum five per cent increase in value in the shares which is attributable to group transactions The directors of the overall parent company certify that these two conditions are satisfied for a specific tax accounting period AND The auditors of the subsidiary certify both that they have looked into the affairs of the company with regard to the conditions above, and that they consider the opinion given in the directors' certificate is not unreasonable.
For instance, say the client receives a large shipment of merchandise five days before the end of the accounting period and picks up all copies of the receiving reports and invoices and secretes them during the audit.