Section 490.382 - Fiscal year; accounting principles(1) A domestic credit union shall use the calendar year as its fiscal year.(2) A domestic credit union shall follow generally accepted accounting principles in its accounting, unless a different accounting standard is required by state or federal statute, rule, or regulation.Amended by 2004, Act 471, s 22, eff. 12/28/2004.Added by 2003, Act 215, s 60, eff. 6/1/2004.