DELL » Topics » Out of Period Adjustments

These excerpts taken from the DELL 10-K filed Mar 26, 2009.
Out of Period Adjustments
 
During Fiscal 2009, adjustments to correct items related to prior periods, in the aggregate, increased income before taxes and net income by approximately $95 million and $33 million, respectively. Because these errors, both individually and in the aggregate, were not


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material to any of the prior years’ financial statements and the impact of correcting these errors in the current year is not material to the full year Fiscal 2009 Consolidated Financial Statements, we recorded the correction of these errors in the Fiscal 2009 Consolidated Financial Statements.
 
Out of
Period Adjustments



 



During Fiscal 2009, adjustments to correct items related to
prior periods, in the aggregate, increased income before taxes
and net income by approximately $95 million and
$33 million, respectively. Because these errors, both
individually and in the aggregate, were not





34





Table of Contents






material to any of the prior years’ financial statements
and the impact of correcting these errors in the current year is
not material to the full year Fiscal 2009 Consolidated Financial
Statements, we recorded the correction of these errors in the
Fiscal 2009 Consolidated Financial Statements.


 




EXCERPTS ON THIS PAGE:

10-K (2 sections)
Mar 26, 2009
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