Accounting Rules
Form and Content of Financial Statements
Regulation S-X
Rule 3A-03 -- Statement as to Principles of Consolidation or Combination Followed
(a) A brief description of the principles followed
in consolidating or combining the separate financial statements, including
the principles followed in determining the inclusion or exclusion of
(1) subsidiaries in consolidated or combined financial statements
and
(2) companies in consolidated or combined financial statements,
shall be stated in the notes to the respective financial statements.
(b) As to each consolidated financial statement and
as to each combined financial statement, if there has been a change in the
persons included or excluded in the corresponding statement for the preceding
fiscal period filed with the Commission which has a material effect on the
financial statements, the persons included and the persons excluded shall
be disclosed. If there have been any changes in the respective fiscal periods
of the persons included made during the periods of the report which have
a material effect on the financial statements, indicate clearly such changes
and the manner of treatment.
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