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Technical Accounting

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Rama Nair
(Independant Accounting Professional at Independant Practioner)
As per SIC 15, lease incentives should be spread over period of lease and not first break clause. I have an instance whereby, the lease incentives were spread over the period of the...
Anonymous Member
Anonymous
(Senior Accountant)
Hello, My company is starting a new lease agreement for our office building. We recently signed up for a new lease ( 7/15-06/2020) with an option to renew with an additional 5 years....
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Gyanu Khatri
(Financial Analyst at Closure System International Nepal Pvt. ..)
Can spares parts purchased for repairing machines be taken into inventory & when used in machine charge to repair & maintenance expenses? My auditors have view it can't be...
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John Olson
Title: Associate
Company: Radius
(Associate at Radius)
By Nick Hart, Senior Consultant, Indirect Taxes There are many reasons to consider a carve-out transaction, from obtaining a cash infusion to introducing a new business line. But...
Anonymous Member
Anonymous
(General Ledger Accountant)
Let's say for example, I have a Fixed Asset that costs $15,000. The asset has accumulated depreciation $12,000, and I am selling it for $3000. It costs me $300 to advertise the...
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Annette Nellen
Title: Professor
Company: San Jose State University
(Professor at San Jose State University)
  Today marks the 50th Anniversary of the issuance of the last volume of the 4-volume, 1,200+ page Willis Commission Report. The four volumes were issued in 1964-1965. The...
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Jeff Andrews
(Treasurer at Private)
We're currently trying to decide which would be more advantageous, both from a tax perspective and from an employee's point of view.
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Bryan Frey
(VP Finance/Corp Controller)
Confusing, I know. The story is that my company books many service deals. Some are collectible before services have been rendered, some after. So the revenue recognition is separate...
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Anonymous Member
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Anonymous Member
Anonymous
(Director)
We are looking into purchasing software to keep track of our stock ledger (we currently use excel). We have about 500 shareholders, 50 option holders, and there are about 100...
Anonymous Member
Anonymous
(Accountant)
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Accounting Professional
(VP of Accounting at Anonymous)
Our HR department is taking the position that our Company's stock option environment has become too complex. It used to be fairly straight forward, they were generally all non-...
Anonymous Member
Anonymous
(Finance Director / Controller)
We pay for freight in to our warehouse. The amounts are relatively small vs. our other shipping costs and we have been going directly to the P&L with the items historically, but...
Anonymous Member
Anonymous
(Controller)
Would love to get some recommendations on software for managing fixed assets. More particularly, what do you use to track the acquisitions, disposals and to calculate book depreciation...
Anonymous Member
Anonymous
(Assistant Controller)
My company in Texas is revamping a portion of their warehouse, and is capitalizing the project as a Building improvement. Can the rental of a forklift or other equipment be included in...
Anonymous Member
Anonymous
(Finance Director)
I am wondering how often companies report to the staff the state of the financial position of the company, if at all. I work at a nonprofit and find it very challenging to communicate...
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Jitendra Pabrekar
Title: Sr. Manager, Valuation and Advisory Serv..
Company: Aranca
(Sr. Manager, Valuation and Advisory Serv.. at Aranca)
Companies often issue common stock options as a means to incentivize employees, negotiate compensations, or enhance their employee tenures. This is especially true in early stage...