D.C. Mun. Regs. tit. 26, r. 26-A3771

Current through Register Vol. 71, No. 49, December 6, 2024

Rule 26-A3771 - GAAP TO SAP RECONCILIATION

3771.1

All captives using Generally Accepted Accounting Principles (GAAP) or modified GAAP shall include a reconciliation from GAAP or modified GAAP to Statutory Accounting Principles (SAP) in the notes to its financial statements.

Final Rulemaking published at 59 DCR 13088 (November 16, 2012)

Authority: Section 22 of the Captive Insurance Company Act of 2004, effective March 17, 2005 (D.C. Law 15-262; D.C. Official Code § 31-3931.21 (2011 Repl.)).