§ 26-A3771

D.C. Mun. Regs. tit. 26-A, § 3771

Gaap to Sap Reconciliation

Effective Nov 16, 201259 DCR 13088Authority: 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.)). Source: Final Rulemaking published at 59 DCR 13088 (November 16, 2012).District of Columbia, Office of the Secretary

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.

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