Examples of Critical Accounting Policies in a sentence
Please see the notes to our Financial Statements for information about our Critical Accounting Policies and Recently Issued Accounting Pronouncements.Management’s Discussion and AnalysisThe Company has had limited revenues from operations in each of the last two fiscal years, and in the current fiscal year.Plan of Operation for the Next Twelve MonthsThe Company believes that the proceeds of this Offering will satisfy its cash requirements for the next twelve months.
Critical Accounting Policies Section 107 of the JOBS Act provides that an emerging growth company can take advantage of the extended transition period provided in Section 7(a)(2)(B) of the Securities Act for complying with new or revised accounting standards that have different effective dates for public and private companies.
The Audit Committee of the Board of Directors of the Company and management have reviewed and agreed with the selection, application and disclosure of Critical Accounting Policies and management have consulted with the Auditor regarding such disclosure.
MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS Critical Accounting Policies and Estimates The discussion and analysis of our financial condition and results of operations is based upon our Consolidated Financial Statements which have been prepared in accordance with accounting principles generally accepted in the United States.
For a discussion of critical accounting policies see “Application of Critical Accounting Policies – IFRS Accounting Policies”.