Reclassification Definition & Meaning

Do not drive, use machinery, or do anything that needs alertness until you can do it safely. Remember that this medication has been prescribed because your doctor has judged that the benefit to you is greater than the risk of side effects. If you are giving this medication to yourself at home, learn all preparation and usage instructions from your health care professional. Before using, check this product visually for particles or discoloration.

Allergic reactions with intravenous zoledronic acid including anaphylactic reaction/shock, urticaria, angioedema, Stevens-Johnson syndrome, toxic epidermal necrolysis, and bronchoconstriction have been reported. There were no patients who had treatment emergent serum calcium levels below 7.5 mg/dL. Reclast solution for infusion must not be allowed to come in contact with any calcium or other divalent cation-containing solutions, and should be administered as a single intravenous solution through a separate vented infusion line. There is another zoledronic acid product that is used to treat bone problems that may occur with cancer.


In clinical trials in Paget’s disease there were no cases of renal deterioration following a single 5 mg 15-minute infusion [see WARNINGS AND PRECAUTIONS]. The incidence of serious adverse events was 5.1% in the Reclast group and 6.4% in the risedronate group. The percentage of patients who withdrew from the study due to adverse events was 1.7% and 1.2% for the Reclast and risedronate groups, respectively. Creatinine clearance was measured annually prior to dosing and changes in long-term renal function over 24 months were comparable in the Reclast and active control groups [see WARNINGS AND PRECAUTIONS]. The dosage is based on your medical condition and response to treatment. If errors are found at the end of the year, while preparing financial statements, accountants usually go ahead and correct the error at that time.

  • This medicine may affect fertility (ability to have children) in women.
  • Reclassification accounting will need to adapt to accommodate the integration of various data sources and reporting frameworks.
  • In that situation, the journal entry description might be, “To reclassify the X building from property, plant and equipment to long-term investments.”
  • Pre-existing hypocalcemia and disturbances of mineral metabolism (e.g., hypoparathyroidism, thyroid surgery, parathyroid surgery; malabsorption syndromes, excision of small intestine) must be effectively treated before initiating therapy with Reclast.

By following these best practices, you can enhance the transparency and reliability of your organization’s financial statements. Reclassification accounting aligns financial reporting with generally accepted accounting principles (GAAP) or international financial reporting standards (IFRS). These standards provide guidelines on the appropriate classification and presentation of financial items. Reclast is contraindicated in patients with creatinine clearance less than 35 mL/min and in those with evidence of acute renal impairment. There are no safety or efficacy data to support the adjustment of the Reclast dose based on baseline renal function. Therefore, no dosage adjustment is required in patients with a creatinine clearance of greater than or equal to 35 mL/min [see WARNINGS AND PRECAUTIONS, CLINICAL PHARMACOLOGY].

Accounting for business also means being responsible for adjustments and corrections. One such adjustment entry is ‘reclass’ or reclassification journal entry. The process of transferring an amount from one ledger account to another is termed as reclass entry. A reclass or reclassification, in accounting, is a journal entry transferring an amount from one general ledger account to another. The pharmacokinetics of zoledronic acid was not affected by race in patients with cancer and bone metastases.

Examples of reclassification in a Sentence

By moving amounts to their appropriate categories, it ensures that information is properly classified and reported in accordance with the relevant accounting standards. This helps stakeholders better understand the financial position, performance, and cash flows of an entity. Bone biopsy specimens were obtained from 23 patients (12 in the Reclast treatment group and 11 in the active control treatment group) at Month 12 treated with an annual dose of what is the credit for small employer health insurance premiums Reclast or daily oral active control. Qualitative assessments showed bone of normal architecture and quality without mineralization defects. Apparent reductions in activation frequency and remodeling rates were seen when compared with the histomorphometry results seen with Reclast in the postmenopausal osteoporosis population. The long-term consequences of this degree of suppression of bone remodeling in glucocorticoid-treated patients is unknown.

Stay Updated on Accounting Standards

A certain share class may have low demand, causing the fund company to merge it with another share class. A company might create a new share class for reclassification that meets demands from certain types of clients. Change occurs for a variety of reasons and may ultimately affect the classification and level of a position. This section describes how and when to address changes in the classification of a position.

Examining the Legal and Regulatory Frameworks for Reclassification Accounting

This determination is based on a review of the position’s duties and responsibilities, and takes into consideration the scope and complexity of these responsibilities within the position’s unit or department. In addition to grade designation, positions are also evaluated to determine whether they are exempt or nonexempt from the overtime provisions of the Fair Labor Standards Act (FLSA). If a position is non-exempt, Harvard is required to pay overtime at time and one-half the regular hourly rate for hours worked over 40 hours per week. Exempt positions generally involve much independent work, judgment and decision making.

Reclast is also used to treat or prevent osteoporosis in people who will be taking certain steroid medicines for 12 months or longer. With increased scrutiny on financial reporting, reclassification accounting will place a greater emphasis on transparency and audibility. Auditors will need to validate the reclassification decisions made by companies, ensuring they are adequately supported by documentation and evidence. This may involve the use of advanced technologies, such as blockchain, to provide an immutable audit trail for reclassification transactions.

Do not flush medications down the toilet or pour them into a drain unless instructed to do so. Consult the product instructions and your pharmacist for storage details. Older adults may be at greater risk for kidney problems while using this drug. If you notice other effects not listed above, contact your doctor or pharmacist.

The relatively long duration of action of zoledronic acid is attributable to its high binding affinity to bone mineral. While not observed in clinical trials with Reclast, there have been reports of bronchoconstriction in aspirin-sensitive patients receiving bisphosphonates. Any patient with a history of bisphosphonate exposure who presents with thigh or groin pain should be suspected of having an atypical fracture and should be evaluated to rule out an incomplete femur fracture. Patients presenting with an atypical femur fracture should also be assessed for symptoms and signs of fracture in the contralateral limb. Interruption of bisphosphonate therapy should be considered, pending a risk/benefit assessment, on an individual basis.

It may also be used to treat or prevent osteoporosis in people who are taking corticosteroid medications (such as prednisone) for long periods. Reclassification accounting is a financial reporting practice that involves changing the classification of certain items or transactions in a company’s financial statements. Reclassification accounting can affect the comparability of financial statements over different reporting periods. If items are reclassified between different categories or line items, it becomes challenging to compare financial data consistently over time.

How to use Reclast Bottle, Infusion

No increased incidence of tumors was observed at any dose (up to 0.1 times the human intravenous dose of 5 mg, based on body surface area, mg/m2). The safety of Reclast in men with osteoporosis or osteoporosis secondary to hypogonadism was assessed in a two year randomized, multicenter, double-blind, active controlled group study of 302 men aged 25 to 86 years. Zoledronic acid is a potent inhibitor of osteoclastic bone resorption. At a dose equivalent to human exposure at the 5 mg intravenous dose, the effect persisted for 8 months, which corresponds to approximately 8 remodeling cycles or 3 years in humans. Reclast was administered once as a single 5 mg dose in 100 mL solution infused over at least 15 minutes.

You should not be treated with Reclast if you are allergic to zoledronic acid. Personality — An employee’s unique personality to work in unusual conditions and with difficult co-workers is not a factor that can be considered when classifying a position. Unique skill and/or ability required for a position, however, can be considered and should be spelled out in the job description. The extent of the resources for which the employee has responsibility including, but not limited to, human, financial, facilities, material, and information systems. At SAA we will meet with your family and your son/daughter to go over your families goals and reasons for the reclassification. The year is a great ‘extra year’ but only successful if you have a solid plan and goals set.