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Research costs, which were collected via a separate accounting system and therefore easily separable, are excluded for the purposes of this analysis.
Currently, the corporate taxation of multinational enterprises relies on the system of "separate accounting" which means that profits are calculated and taxed for each country separately in line with the respective local tax laws.
Given how unintrusive external auditors are we could have a whole separate accounting system without them knowing".
It postponed its scheduled earnings announcement on Tuesday because of separate accounting issues related to good will.
But in a separate accounting process change, the company also restated about half a million dollars in profits made in 2001, instead counting those profits in 2002.
It has been restructured already into separate accounting and operating units, meeting European Union rules in preparation for Estonia's EU entry in May.
Similar(40)
They had separate accounts?
Separate accounts may indeed mean "secret accounts".
Dave Harte: "I'm not too keen on separate accounts.
Using Mr. Evensky's strategy, they would set up three separate accounts.
The suggestions include: Open a separate account devoted exclusively to saving for the second home.
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