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

Subchapter 7. Miscellaneous provisions

Article 66. Indication of the Sections of Transfers to Reserves Transfers to reserves (however, excluding amounts entered as depreciation) must be entered separately via headings with names showing the objective for which they were established, that they are transfers into reserves and the amount thereof. Provided however, in the place of such separate entries, footnotes may be made of the substance thereof and the amount thereof.