Examples of Estimated Financial Statements in a sentence
However, the best professional judgement has been applied in preparing the Estimated Financial Statements.
International developments and other risks to the national economy, from which Victoria would not be immune, may cause the general government actual result to differ from the projected result.The accompanying notes to the Estimated Financial Statements provide details of material economic and other assumptions used and the specific forecast assumptions underlying material items in the financial statements.
The Year End Financial Statements shall present fairly the financial position and the results of operations of the Businesses as of the date and for the period then ended and the Estimated Financial Statements shall, to the extent reasonably practicable in light of the purpose for which they were prepared and the time parameter provided in this subsection, present fairly the financial position and results of operations of the Businesses as of the date and for the period then ended.
The Year End Financial Statements and the Estimated Financial Statements shall be prepared in accordance with U.S. GAAP applied consistently with the Initial Financial Statements.
The Victorian Auditor-General’s Office provided no other services to the State other than the review of the Estimated Financial Statements and the financial audits of departments and agencies.Operating lease payments (including contingent rentals) are recognised on a straight line basis over the lease term, except where another systematic basis is more representative of the time pattern of the benefits derived from the use of the leased asset.
All amounts in the Estimated Financial Statements have been rounded to the nearest hundred thousand dollars unless otherwise stated.
Royal shall submit such Estimated Financial Statements to Citizens for review.
The disclosure in the Estimated Financial Statements for the budget (general government) sector could be enhanced by not only disclosing forward estimates but also the actual (projected) results for the two financial years prior to the budget year.
Such Estimated Financial Statements shall be binding on Citizens and Royal, and shall not be subject to renegotiation or challenge thereafter except for manifest error or a breach by Royal of any of its representations, warranties, covenants or agreements hereunder, which error or breach becomes known prior to the Effective Time.
The Estimated Financial Statements in this chapter have been prepared in accordance with the provisions in the Financial Management Act 1994.