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Wiley GAAP 2008 by Colorado Steven M. Bragg Englewood, Ralph Nach American Express Tax and Business Inc., Barry J. Epstein

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General

Table . A-1: Disclosure Checklist Index
A. Basis of Reporting
1.Name of entity for which statements are being presented (if d/b/a different name than legal name, indicate both).
2.Titles of statements should be appropriate (certain titles denote and should be re‐served for GAAP financial statements; other titles denote other comprehensive basis of accounting [OCBOA] financial statements).
3.Dates and periods covered should be clearly stated.
4.If comparative statements are presented, repeat footnotes from prior years to extent appropriate.
5.Differences between ‘economic’ entity and legal entity being presented should be noted (e.g., consolidated or not? subsidiaries included and excluded, combined statements?, etc.) Disclose summarized financial information for previously un‐consolidated subsidiaries.
6.For SEC reporting—identify new accounting principles not yet adopted and expected impact of adoption.
B. Accounting Policies
1.Description of business unless otherwise apparent from statements themselves.
2.Identify and describe significant accounting principles followed and methods of applying them that materially affect statements; disclosures should include principles and methods that involve 
a.Selection from acceptable alternatives.
b.Principles and methods peculiar to the company's industry.
c.Unusual or innovative applications of generally accepted accounting principles.
d.Principles of consolidation or combination.
3.If there have been any material changes in classifications ...

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