ACCOUNTING SUPPORT FOR TREATMENT OF AGENTS’ STOCK BENEFIT MATCH. The Company should provide to regulators authoritative accounting support for its treatment of the agent’s stock benefit match. Standard 11.1 SDA and PDA, which are non-owned affiliates of the Companies, account for the stock matching benefit program. The accounting for the stock matching benefit paid to agents and field service representatives for the respective associations under the agent stock plan complies with generally accepted accounting principles. Pass/Fail
Appears in 4 contracts
Samples: Regulatory Settlement Agreement, Regulatory Settlement Agreement, Regulatory Settlement Agreement