Technical Accounting

Anonymous Member
Anonymous
(Controller)
Hello, I'm currently reviewing our auditors adjusting entries and have a question concerning calculating the loss on sale of disposal. If I buy a truck on Jan 1 2014, and it gets...
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Annette Nellen
Title: Professor
Company: San Jose State University
(Professor at San Jose State University)
On December 31, 2013, 57 provisions in the federal tax law expired. Many had expired before and been renewed.  While there was discussion in the congressional tax committees since...
Anonymous Member
Anonymous
(Controller)
An RMA is issued and the inventory is sent to customer before they've returned the items to us. How are folks accounting for this inventory in transit? (well, RMA in transit). Our...
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JD Greenway
Title: Manager
Company: ABC Management
(Manager at ABC Management)
Facts: Company A is in three year lease term for an office rental space, starting December 1, 2013, after 1 year Company A decided to move to a big location. Instead of terminating the...
Anonymous Member
Anonymous
(Sr. Project Accountant)
We recently constructed a new building that we moved into and is now open for its intended use. We have been putting all CIP into about 10 different balance sheet accounts (...
Anonymous Member
Anonymous
(Accounting Manager)
  Any insight into the proper accounting treatment for detachable warrants
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Greg Kading
Title: Principal
Company: Gregory Kading LLC
(Principal at Gregory Kading LLC)
I've read recently about a novel method to avoid some 409A issues with stock options - by inserting language in the option agreement that restricts exercise of the option such that...
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AN T
Title: Audit Staff
Company: Public Accounting
(Audit Staff at Public Accounting )
From what I know, and please correct me if I'm wrong, land may be depleted (depreciated) if it loses it's value due to exploration. Can someone guide to some authoritative...
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wayne ackerman
Title: CFO and SVP
Company: ATC
(CFO and SVP at ATC)
We just transformed $5MM of capital leases to  fmv operating lease saving $400,000 of annual cash outflow. paying the revolver down by $2MM and transferring the end of lease...
Anonymous Member
Anonymous
(Consultant)
Valuation of balance sheet accounts when preparing foa an asset purchase presents unusual dynamics under percentage of completion accounting for long term projects.