 When is the basis for unaudited financial information consistent with?
The balance sheets and statements of operations, stockholders’ equity and cash flows contained in Party A’s disclosure filings with the SEC (a) comply as to form in all material respects with applicable accounting requirements and rules and regulations of the SEC with respect thereto, (b) have been prepared in accordance with GAAP applied on a basis consistent with prior periods (and, in the case of unaudited financial information, on a basis consistent with year-end audits), (c) are in accordance with the books and records of Party A and (d) present fairly in all material respects the financial condition of Party A at the dates therein specified and the results of its operations and changes in financial position for the periods therein specified.
year-end