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USE OF ESTIMATES | 6 Months Ended
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Jun. 30, 2012
USE OF ESTIMATES |
USE OF ESTIMATES |
3. USE OF ESTIMATES The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenue and expenses during the reporting periods. The most significant estimates relate to the allowance for doubtful accounts, useful lives of the Company’s fixed and finite-lived intangible assets, allocation of purchase price to assets acquired and liabilities assumed in purchase business combinations, fair value of indefinite-lived intangible assets, goodwill and income taxes. Actual results could differ significantly from those estimates.

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- Definition This element represents the disclosure, which provides the entity's explanation that the preparation of financial statements in conformity with generally accepted accounting principles requires the use of management estimates. + References No definition available. + Details
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