Accounting Rules
Form and Content of Financial Statements
Regulation S-X
Rule 2-05 -- Examination of Financial Statements by More than One Accountant
If, with respect to the examination of the financial statements, part of the examination
is made by an independent accountant other than the principal accountant and the
principal accountant elects to place reliance on the work of the other accountant
and makes reference to that effect in his report, the separate report of the other
accountant shall be filed. However, notwithstanding the provisions of this section,
reports of other accountants which may otherwise be required in filings need not
be presented in annual reports to security holders furnished pursuant to the proxy
and information statement rules under the Securities Exchange Act of 1934.
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