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Accounting
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1. Key accounting policies There are no significant changes to accounting methods specific to the semiconductor equipment industry. Both companies are listed on NASDAQ, and adhere to US GAAP. Both companies use similar methods for recognizing revenues and expenses, with the exception of sales revenue. For details on various accounts and reporting methods, see Appendix A. 2. Limitations in comparing these companies Since both companies adhere to US GAAP, their financial statements are comparable.
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Title: Accounting
Words: 331 Rating: None Pages: 1.3 submitted by: stc2003
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