REGULATIONS CONCERNING TERMINOLOGY, FORMS AND METHODS OF PREPARATION OF FINANCIAL STATEMENTS, ETC. Copyright Roderick Seeman

ARTICLE 8-2. NOTATION OF MAJOR ACCOUNTING PRINCIPLES

Items falling under any of the following, which are principles of accounting disposition, procedures and methods of indication (hereinafter "accounting principles") which are adopted in the preparation of financial statements, must be noted in the statement of appropriation of retained earnings or statement of disposition of deficit. However, concerning matters lacking in importance, it is possible to make an abbreviated notation.

i. Standards of evaluation and methods of evaluation of securities

ii. Standards of evaluation and methods of evaluation of inventory

iii. Methods of depreciation of fixed assets

iv. Methods of disposition of deferred charges.

v. Foreign exchange conversion standards for conversion into this country's currency of foreign currency denominated assets and liabilities.

vi. Standards of entries for reserves

vii. Standards of entries for income and expenses.

viii. Methods of dispostion of lease transactions.

ix. Other matters important for the preparation of financial statements.