If the political accordance
principle gives the impression that political leaders control the affairs in the country in order to achieve privileges for their parties," she concluded.
GAAP does not prohibit bill-and-hold sales, but certain conditions must be present for the revenue to be in accordance
a defined-contribution plan) will not satisfy plan-qualification requirements unless all funds are allocated to participants' accounts under the plan in accordance
with a definite formula (although certain exceptions are allowed, such as the use of a suspense account in accordance
Specifically, tanks must be upgraded by adding an internal lining or by cathodic protection in accordance
with a code of practice developed by a nationally recognized association or independent testing laboratory.
Monk: When a nonissuer's financial statements have been audited in accordance
with GAAS and PCAOB auditing standards, users of the auditor's report may erroneously believe the entity and the auditor are in compliance with the entire system of PCAOB and SEC regulations--that is, quality control, ethics and independence standards.
Costs separately stated, if the costs are consistently treated as capital expenditures for an intangible asset, the cost of which is to be recovered by amortization deductions ratably over a 36-month period beginning with the month the software is placed in service, in accordance
with the rules under Sec.
3) Leasing personal or real property, in accordance
with section 225.
Audit reports representing that the audit was conducted in accordance
with PCAOB audit standards and GAAS, but which are later found not to be in compliance with all applicable PCAOB auditing standards, may be deemed substandard by the AICPA peer review program, depending on the severity of the deficiencies.
subsections] 335 and 24(7) ("bank-eligible securities"), engaging in investing and trading activities, and buying and selling bullion and related activities, in accordance
with section 225.
Specifically, taxpayers developing software (including converted software) may treat the costs in accordance
with Section 3 of Rev.