Accounting
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Welcome to our Accounting topics page. Here you’ll find fascinating
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within the macro subject of Accounting. Find a helpful opinion, or a question and discussion on, for instance, accounting information systems. As a member, you can follow almost anything, and the homepage becomes your personalized guide to the interests
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Recent Activity
(Senior Financial Analyst at CHEP)
Thanks for the help in advance. Where is a good, easy to use site to find IFRS Standards with interpretations? Maybe with some examples as well? I'm coming from GAAP which was far easier to find resources for. Every website I am looking at shows a ton of information on...
Thanks for the help in advance. Where is a good, easy to use site to find IFRS Standards with interpretations? Maybe with some examples as well? I'm coming from GAAP which was far easier to find resources for. Every website I am looking at shows a ton of information on...
(CFO at RCM Industries, Inc.)
We agreed with a key long term supplier, whom we have an excellent relationship with, to change payment terms from 1%10 n30 to straight n30. In return the supplier brought their price down. We took advantage of the payment reduction but 2 of our 4 divisions missed the...
We agreed with a key long term supplier, whom we have an excellent relationship with, to change payment terms from 1%10 n30 to straight n30. In return the supplier brought their price down. We took advantage of the payment reduction but 2 of our 4 divisions missed the...
(Assistant Controller at UT)
I have a multiple element question where our customers buy our service and we provide equipment at no additional cost. The agreement states that we have a right to the equipment if the contract is cancelled within 3 years of the signed date; after 3 years, the equipment...
I have a multiple element question where our customers buy our service and we provide equipment at no additional cost. The agreement states that we have a right to the equipment if the contract is cancelled within 3 years of the signed date; after 3 years, the equipment...
(Controller at MCFA)
(Partner at Rounded Third)
Does anyone have experience with cloud based accounting packages used for providing accounting services to multiple clients? What packages are most user friendly, cost effective, or flexible. Thanks for your insights.
Does anyone have experience with cloud based accounting packages used for providing accounting services to multiple clients? What packages are most user friendly, cost effective, or flexible. Thanks for your insights.
(Chief Financial Officer Consultant at CMD Capital Formation LLC)
Surveys completed by 169 CFOs showed, “CFOs believe that in any given period about 20% of firms manage earnings…only about 60% of earnings management is income increasing, while 40% relates to income-decreasing activities…CFOs believe that it is...
Surveys completed by 169 CFOs showed, “CFOs believe that in any given period about 20% of firms manage earnings…only about 60% of earnings management is income increasing, while 40% relates to income-decreasing activities…CFOs believe that it is...
(President at The Sleeter Group, Inc.)
Here’s a quick look at some recent, and upcoming, changes to QuickBooks Online. Some of these are already available, some will be coming out in the near future. Many of these features are found in, or linked to, QuickBooks Online Accountant. Create a New...
Here’s a quick look at some recent, and upcoming, changes to QuickBooks Online. Some of these are already available, some will be coming out in the near future. Many of these features are found in, or linked to, QuickBooks Online Accountant. Create a New...
(President at The Sleeter Group, Inc.)
If you are using the sales tax feature in QuickBooks then you are most likely relying on the Sales Tax Liability report to show you the total taxable sales amount for your reporting period. Sometimes, though, there can be a very confusing entry in that report, and I...
If you are using the sales tax feature in QuickBooks then you are most likely relying on the Sales Tax Liability report to show you the total taxable sales amount for your reporting period. Sometimes, though, there can be a very confusing entry in that report, and I...
(Event Questions at Proformative)
This question was asked by an attendee during the Proformative webinar "Financial Consolidations and Reporting: The Alignment of People and Technology" held on May 9, 2013. Join the discussion and add your insights below.
This question was asked by an attendee during the Proformative webinar "Financial Consolidations and Reporting: The Alignment of People and Technology" held on May 9, 2013. Join the discussion and add your insights below.
Anonymous
(Head of Finance)
Hello - we have a capital lease arrangement for tech equipment (laptops, etc). The total value now is for ~$10k, but we may add on equipment on an ad hoc basis. How would you account for this? I am going to be ignoring interest for this exercise. Thinking of: DR: $10k...
