RHB » Topics » Use of Estimates

This excerpt taken from the RHB 10-K filed Mar 14, 2007.

Use of Estimates

 

The preparation of financial statements in conformity with GAAP 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 consolidated financial statements. Estimates also affect the reported amounts of revenues and expenses during the period. Actual results may differ from those estimates.

 

 

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REHABCARE GROUP, INC.

Notes to Consolidated Financial Statements (Continued)

December 31, 2006, 2005 and 2004

 

 

These excerpts taken from the RHB 10-K filed Mar 15, 2006.

Use of Estimates

The preparation of 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 of assets and liabilities, revenues and expenses, and the disclosure of contingent assets and liabilities at the date of the financial statements. The estimates and assumptions used in preparing the financial statements are based upon management’s evaluation of the relevant facts and circumstances as of the date of the financial statements. Actual results could differ from those estimates.

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 consolidated financial statements. Estimates also affect the reported amounts of revenues and expenses during the period. Actual results may differ from those estimates.

 

 

(2)

Marketable Securities

 

Noncurrent marketable securities at December 31, 2005 and 2004 consist primarily of marketable equity securities ($0.9 million and $1.1 million at December 31, 2005 and 2004, respectively), corporate and government bonds ($1.5 million and $1.3 million at December 31, 2005 and 2004, respectively) and money market securities ($1.6 million and $1.7 million at December 31, 2005 and 2004, respectively) held in trust under the Company’s deferred compensation plan.

 

 

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REHABCARE GROUP, INC.

Notes to Consolidated Financial Statements (Continued)

December 31, 2005, 2004 and 2003

 

 

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