Trending GAAP Discussions

Prepaid expenses and employment contracts?‎

Is the payment for a work visa contract for Two years could potentially be considered a prepaid expense?‎

How are retained earnings related to a company's income statement?‎

How are retained earnings related to a company's income statement?‎

Explain to me which one you can write intangible asset in, GAAP or IFRS, and why?‎

What is the importance of GAAP in Today's Era?‎

Identify the different sources of accounting regulation including company law, local GAAP and IFRS?‎

Identify the different sources of accounting regulation including company law, local GAAP and IFRS?‎

Internal controls may be preventive, detective, corrective, or directive. Which of the following is preventive?‎

  A.Requiring two persons to open mail B.Reconciling the accounts receivable subsidiary file with the control account. C.Using batch totals D.Preparing bank reconcili‎ ... See More

Define " extraordinary items " and how to treat them in the financial statements according to "GAAP" and "IFRS"?‎

Who do you think abbreviated the words debit and credit to Dr and Cr first ?‎

What is the difference between Capital Expenditure and revenue expenditure? ‎

Which standards do you think is more logic, IFRS or GAAP ? ‎