hariRaj

From pg 2009 annual report:

Estimates are used in accounting for, among other items, consumer and trade promotion accruals, pensions, post-employment benefits, stock options, valuation of acquired intangible assets, useful lives for depreciation and amortization, future cash flows associated with impairment testing for goodwill, indefinite-lived intangible assets and long-lived assets, deferred tax assets, uncertain income tax positions and contingencies.

Edit: I think you should call it estimates, assumptions in accounting are rather: accrual basis, consistency and going concern.



Edited 1 time(s). Last edit at Tuesday, May 31, 2011 at 08:40PM by dadalsky.