Yes… that is the rule as we understand it. I don’t know what is actually happening behind the scenes. Do you have the details of how this is handled in a spec

Yes… that is the rule as we understand it. I don’t know what is actually happening behind the scenes. Do you have the details of how this is handled in a specific company? After all, the rules said that Enron can’t hide liabilities in special purpose vehicles just to make their profits look larger. And yet, they got away for a long time not following the rule, despite being audited by a big 5 firm. This CVS thing suggests that companies may be doing something other than putting the money into a liability account and then handing that off as a donation “from their customers”. What else might be possible?