jimmynguyen9

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jimmynguyen9
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  • For GE, would it be based on the answer provided in the following forum discussion? https://www.battleacts6us.ca/vanillaforum6us/discussion/23/prepaid-expenses-for-uep#latest In which, we should use 50% GE since the net acquisition expenses fo…
    in Fall 2012 #17 Comment by jimmynguyen9 April 11
  • Thank you. Could it be interpreted (including info from the answer key) that GAAP is generally discounted as long as it is discounted either using SAP or an alternative rate that fits the SEC's criteria, while for SAP, it's not generally done exc…
    in GAAP Treatment of Discounting Loss Reserves Comment by jimmynguyen9 April 11
  • Going back to 2019 Spring #17, since one answer says "GAAP: Discounting of Loss Reserves is common", would this contradict the BattleAct notes of "no discounting except in certain cases"? Or would it mean the certain cases are common for GAAP? Ov…
    in GAAP Treatment of Discounting Loss Reserves Comment by jimmynguyen9 April 10