NDAQ » Topics » Financial Statement Preparation

These excerpts taken from the NDAQ 10-K filed Feb 25, 2008.

Financial Statement Preparation

 

The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts and the disclosure of contingent amounts in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. Certain prior year amounts have been reclassified to conform to the current year presentation.

 

Financial Statement Preparation

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The preparation of consolidated financial statements in conformity with U.S.
GAAP requires management to make estimates and assumptions that affect the reported amounts and the disclosure of contingent amounts in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.
Certain prior year amounts have been reclassified to conform to the current year presentation.

 

FACE="Times New Roman" SIZE="2">Cash and Cash Equivalents

 

SIZE="2">Cash and cash equivalents include cash in banks and all non-restricted highly liquid investments with original maturities of three months or less at the time of purchase. Such equivalent investments included in cash and cash equivalents in
the Consolidated Balance Sheets were $1,320.2 million at December 31, 2007 and $304.4 million at December 31, 2006. Cash equivalents are carried at cost plus accrued interest, which approximates fair value due to the short maturities of
these investments.

 

This excerpt taken from the NDAQ 10-K filed Feb 28, 2007.

Financial Statement Preparation

 

The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts and the disclosure of contingent amounts in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. Certain prior year amounts have been reclassified to conform to the current year presentation.

 

This excerpt taken from the NDAQ 10-K filed Mar 15, 2006.

Financial Statement Preparation

 

The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts and the disclosure of contingent amounts in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. Certain prior year amounts have been reclassified to conform to the current year presentation.

 

This excerpt taken from the NDAQ 10-K filed Mar 14, 2005.

Financial Statement Preparation

 

The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts and the disclosure of contingent amounts in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates. Certain prior year amounts have been reclassified to conform to the current year presentation.

 

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