GIS » Topics » Use of Estimates

These excerpts taken from the GIS 10-K filed Jul 11, 2008.
Use of Estimates Preparing our Consolidated Financial Statements in conformity with accounting principles generally accepted in the United States requires us to make estimates and assumptions that affect reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from our estimates.
 
Use of
Estimates
 Preparing our Consolidated
Financial Statements in conformity with accounting principles
generally accepted in the United States requires us to make
estimates and assumptions that affect reported amounts of assets
and liabilities, disclosures of contingent assets and
liabilities at the date of the financial statements, and the
reported amounts of revenues and expenses during the reporting
period. Actual results could differ from our estimates.


 



EXCERPTS ON THIS PAGE:

10-K (2 sections)
Jul 11, 2008
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