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DATA SECTIONIZES TO CONSOLIDATED FINANCIAL STATEMENTS
OK Electric Industry Co., Ltd. and consolidated subsidiaries
March 31, 20171. SIGNIFICANT ACCOUNTING POLICIES
(a) Basis of presentation
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What is a basis of presentation?
A basis of presentation is the underlying framework used to prepare financial statements.
Who is required to file a basis of presentation?
Any entity or organization that is required to prepare and submit financial statements.
How to fill out a basis of presentation?
A basis of presentation is typically filled out by following the guidelines provided by accounting standards or regulatory authorities.
What is the purpose of a basis of presentation?
The purpose of a basis of presentation is to provide users of financial statements with information about the methods used to prepare the statements.
What information must be reported on a basis of presentation?
The basis of presentation should include details about accounting policies, methods, and assumptions used in preparing financial statements.
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