Accounting Bookkeeping
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Friday, March 29, 2013
Introduction to bookkeeping: The Users of Financial Accounting Information
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Recall that the primary goal of financial accounting is to provide decision makers with useful information. This topic identifies the ma...
Accounting for intangible assets - Self-generated intangible assets
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Recently, while browing through the financial article, we noticed one interesting article from www.investopedia.com relating to intangible ...
Presentation & Disclosure: Gross revenue vs net revenue - Principal vs Agency Relationship
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Revenue recognition is a crucial and important topic in the auditing profession. One of the key challenges auditor face is: auditor need to...
Thursday, February 14, 2013
More decisions, more delays
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The slow march to a new lease accounting standard has been drawn out yet again. On January 29 & 30, the FASB and IASB met to discuss iss...
Monday, September 17, 2012
Pushback, and pushed back
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Opposition to the Revised Exposure Draft (RED) of the lease accounting standard is starting to build. Asset Finance International is reporti...
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