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derecognize

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de·rec·og·nize  (d-rkg-nz)
tr.v. de·rec·og·nized, de·rec·og·niz·ing, de·rec·og·niz·es
To rescind formal, especially diplomatic recognition of: a proposal to derecognize the outlaw terrorist state.
de·recog·nition (-nshn) n.
ThesaurusLegend:  Synonyms Related Words Antonyms
Verb1.derecognize - cause to be no longer approved or accepted; "Carter derecognized Taiwan in 1979 after the U.S. recognized the People's Republic of China"
decertify, derecognise


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Recognizing the tax law's complexity and perceived inconsistency regarding when to recognize, derecognize and measure tax attributes, FASB issued FIN 48 to promote greater consistency of and comparability in reporting income tax assets and liabilities.
Uncertain positions: FIN 48, accounting for uncertainty in income ... by Davis, Conrad / California CPA
Owing to this lack of guidance, the FASB has observed that "diverse accounting practices have developed resulting in inconsistency in the criteria used to recognize, derecognize, and measure benefits related to income taxes.
Accounting for uncertainty in income taxes - the effect of FASB ... by Davis, Paige L. / Tax Executive
In order to derecognize, it must be more likely than not.
FEI CEO's 2006 Top 10 Financial Reporting Challenges by Heffes, Ellen M. / Financial Executive
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