Blogs about: Financial Accounting
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Do markets have a DNA
I was reading the news article “Former banking bosses say ’sorry’ ” on the BBC website. On being pushed by the Treasury committee, Lord Stevenson, former chairman of HBOS, said… more →
Management Accountant
Accounting For Management
jldandco wrote 2 days ago: “Decision making” is the work of the manager. “Bean counting” is thought to … more →
Europe and Accounting Standards
David Albrecht wrote 2 days ago: Occasionally, I’ve been sending e-mails over to AECM about rising European discontent with res … more →
Normal Distribution, Financial Accounting And the Aha Moment
myparttimemba wrote 3 days ago: I just got the aha moment, and since it’s too late at night to share my joy with anybody at ho … more →
Three Amigos
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David Albrecht wrote 5 days ago: A letter from three former SEC chairmen, printed in today’s Wall Street Journal, is today … more →
SEC Ignorance to Lead to Folly
David Albrecht wrote 6 days ago: Yesterday, a third Commissioner of the Securities and Exchange Commission spoke out, decrying (1) th … more →
Finance and Accounting
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finbpo wrote 2 weeks ago: Finance and Accounting Finance and Accounting are inseparable segments of Accountancy in which the c … more →
The basics of double-entry accounting.
martinjquinn wrote 2 weeks ago: The double-entry system of accounting is used to records business transactions. No matter how simple … more →
USE OF FINANCIAL ACCOUNTING INFORMATION
eriassumarna wrote 3 weeks ago: USE OF FINANCIAL ACCOUNTING INFORMATION Appropriate use of financial accounting information requires … more →
Accounting As The Basis For Business Decisions
eriassumarna wrote 3 weeks ago: How do business executives know whether a company is earning profits or incurring losses? How do the … more →
FINANCIAL ACCOUNTING
eriassumarna wrote 3 weeks ago: Two Primary Business Objectives The management of every business must keep foremost in its thinking … more →
Employee Benefits
icwai wrote 4 weeks ago: 1. The following terms are used in this Statement with the meanings specified: Employee benefits are … more →
Accounting for Amalgamations
icwai wrote 4 weeks ago: 1. An amalgamation may be either – (a) an amalgamation in the nature of merger, or (b) an amalgamati … more →
Accounting for Investments
icwai wrote 4 weeks ago: 1. The following terms are used in this Standard with the meanings assigned: 3.1 Investments are ass … more →
Accounting for Government Grants
icwai wrote 4 weeks ago: 1. The following terms are used in this Standard with the meanings specified: 3.1 Government refers … more →
The Effects of Changes in Foreign Exchange Rates
icwai wrote 4 weeks ago: 1. This Standard shall be applied: (a) in accounting for transactions and balances in foreign curren … more →
Accounting for fixed assets
icwai wrote 4 weeks ago: 1. The items determined in accordance with the definition in paragraph 6.1 of this Standard should b … more →
Revenue recognition
icwai wrote 4 weeks ago: 1. This Standard deals with the bases for recognition of revenue in the statement of profit and loss … more →
Construction Contracts
icwai wrote 4 weeks ago: 1. This Standard should be applied in accounting for construction contracts in the financial stateme … more →
Depreciation Accounting
icwai wrote 4 weeks ago: 1. The depreciable amount of a depreciable asset should be allocated on a systematic basis to each a … more →
