For financial reporting purposes, the two most popular methods of accelerated depreciation are the declining balance method and the sum-of-the-years' digits method.

Several countries allow related groups of corporations to compute income tax on a consolidated basis, in a manner similar to consolidation for financial reporting purposes.

It continued to use the old methods for internal reporting purposes, but not for public financial reporting purposes.

Although information is not yet a recognized balance sheet asset, organizations should consider it one for internal reporting purposes.

Basis of accounting: The timing of recognition, that is, when the effects of transactions or events should be recognized for financial reporting purposes.

Creating and maintaining a performance management system required close, consistent, and coordinated attention above and beyond that required for external financial reporting purposes.

"Enron intended the transfers of assets to be sales for financial reporting purposes," the examiner wrote.

(2) how can it be ensured that uses of information in the public interest, such as for scientific, educational and news reporting purposes, are not harmed?

For financial reporting purposes, a series of rules dictates whether a special purpose entity is a separate entity from the sponsor.

Variable costing is generally not used for external reporting purposes.