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Application of critical accounting policies > Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations > PART II > 2021 Government 10-K

Application of critical accounting policies

Published on Mon, May 17, 2021 9:00AM PDT | Updated Mon, May 17, 2021 9:07AM PDT

Preparing financial statements requires preparers to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, and expenses. These estimates and assumptions are affected by the application of accounting policies. As the combined financial statements in this annual report represent the aggregation of financial data prepared by other entities, and as we do not have complete information about the accounting policies used to prepare the data, we are unable to determine what are the critical accounting policies.