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This excerpt taken from the MGPI 10-Q filed May 11, 2009. Use of Estimates
The preparation of the consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
This excerpt taken from the MGPI 10-Q filed Feb 9, 2009. Use of Estimates
The preparation of the consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
These excerpts taken from the MGPI 10-K filed Sep 12, 2008. Use of
Estimates. The
financial reporting policies of the Company conform to accounting principles
generally accepted in the United States of America (“U.S. GAAP”). The preparation of financial statements in
conformity with U.S. GAAP requires management to make estimates and assumptions
that affect the reported amounts of assets and liabilities, the disclosure of
contingent assets and liabilities at the date of the financial statements, and
the reported amounts of revenues and expenses during the reporting period. Management reviews its estimates, including
those related to the liabilities for litigation, other claims and income taxes. Changes in facts and circumstances may result
in revised estimates. Actual results
could differ from those estimates.
Use of Estimates. The financial reporting policies of the Company conform to accounting principles generally accepted in the United States of America (“U.S. GAAP”). The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Management reviews its estimates, including those related to the liabilities for litigation, other claims and income taxes. Changes in facts and circumstances may result in revised estimates. Actual results could differ from those estimates.
This excerpt taken from the MGPI 10-K filed Sep 12, 2007. Use of Estimates.
The financial reporting policies of the Company conform to accounting
principles generally accepted in the United States of America (“U.S. GAAP”). The preparation of financial statements in
conformity with U.S. GAAP requires management to make estimates and assumptions
that affect the reported amounts of assets and liabilities, the disclosure of
contingent assets and liabilities at the date of the financial statements, and
the reported amounts of revenues and expenses during the reporting period. Management reviews its estimates, including
those related to the liabilities for litigation, other claims and income
taxes. Changes in facts and circumstances
may result in revised estimates. Actual
results could differ from those estimates.
This excerpt taken from the MGPI 10-K filed Sep 7, 2006. Use of Estimates. The financial reporting policies of the
Company conform to accounting principles generally accepted in the United
States of America (“U.S. GAAP”). The
preparation of financial statements in conformity with U.S. GAAP requires
management to make estimates and assumptions that affect the reported amounts
of assets and liabilities, the disclosure of contingent assets and liabilities
at the date of the financial statements, and the reported amounts of revenues
and expenses during the reporting period.
Management reviews its estimates, including those related to the liabilities
for litigation, other claims and income taxes.
Changes in facts and circumstances may result in revised estimates. Actual results could differ from those
estimates.
This excerpt taken from the MGPI 10-K filed Sep 9, 2005. Use of Estimates. The preparation
of financial statements in conformity with accounting principles generally
accepted in the United States of America requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities and
disclosure 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 those estimates.
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