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Politics : Canadian Political Free-for-All -- Ignore unavailable to you. Want to Upgrade?

To: SofaSpud who wrote (88)	10/31/2000 1:07:44 PM
From: GerPol	Respond to of 37139

SofaSpud, You said... "depreciation according to GAAP (Generally Accepted Accounting Principles) and the income tax CCA (Capital Cost Allowance) rates. It's a fudge factor to make the books balance. " Correct ! but more importantly ,fewer co. are following the GAAP or CCA "GUIDE LINES" every year. I guess that was the point I was trying to make.....thier only GUIDE LINES ! Fudge is the name of the game,,,,,and we all have done it one time or another, but who is watching BIG BROTHER besides another BIG BROTHER ! Respectfully, Gerry