TERMINOLOGY, FORMS & METHODS OF PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS. COPYRIGHT RODERICK SEEMAN

Article 14. Notes Concerning Changes in Methods of Accounting Dispositions or Methods of Indication In those situations where changes have been made in accounting disposition principles and procedures or methods of indication as adopted in the preparation of consolidated financial statements, a note must be made for any of the items listed hereunder, following the entry based on the previous paragraph.

i. Where changes have been made in the scope of consolidation, or in the scope of application of the equity method, the substance thereof and the reasons for the change.

ii. Where changes have been made in the accounting disposition principles and procedures, the substance thereof, the reasons for the change, and the extent of the effect of the change on the consolidated financial statement.

iii. Where changes have been made in the method of indication, the substance thereof.