Te PMTCT-proxrama o ,ah jan ko n!oma!o Axoah kota da'abi sa gAae
identify standards that require reconsideration and vote on possible exceptions or modifications for private companies.
to enable it to assist in the education of U.S.
Accounting for these activities should, in today's terms, be on a full accrual basis and should follow private sector GAAE
O'Connor said that trader GAAE
, gains and losses are reported immediately and affect net income.
By April 2009, FASB is expected to make the codification the single source of authoritative GAAE
overriding all existing literature.
The majority of them file audited financial statements with banks and creditors based on historical costs and for the most part current GAAE
. They are already running into trouble with several FASB standards that introduce fair value into GAAE
O'Dell: In terms of existing GAAE
we recommended the delay in the implementation of FIN 48 for private companies, which was granted by FASB.
It also states that when such financial statements contain items that are the same as, or similar to, those in statements prepared in conformity with GAAP, "similar informative disclosures are appropriate." To illustrate how to apply that statement, section 623.10 says that the disclosures for depreciation, long-term debt, and owners' equity should be "comparable to" those in financial statements prepared in conformity with GAAE
That paragraph then states that the auditor "should also consider" the need for disclosure of matters that are not specifically identified on the Pace of the statements, such as (a) related party transactions, (b) restrictions on assets and owners' equity, (c) subsequent events, and (d) uncertainties.
"They want to do something that makes sense intuitively, but we sometimes have to tell them it's not GAAE
On occasion, I have to remind people that I didn't write the opinion"
In general, only the very small counties, and some municipal preparers, were unsatisfied with current GAAE
Users, however, were less satisfied.