Financial Accounting
- Accounting
What Is the Difference Between a Down Payment and a Deposit
Down Payment – What is a down payment? A down payment is a sum of money that a client pays…
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Difference Between Functional Currency And Presentation Currency
A parent entity might have subsidiaries that are located in a foreign country. In many cases, the financial statements of…
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Top 10 Best Accounting Firms in Quebec (2016)
Here are the Top 10 of the biggest and best law accountants in Quebec as of January 2014. These are…
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Top 7 Best Accounting Firms in France (2016)
We present the Top 7 biggest and best law Accountants in France as of January 2014. These are classified on…
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5 Qualities for Being a Good Accountant
What are the qualities that make a good accountant? Answering this question is not easy. Indeed, it is often a…
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Accounting for An Onerous Contract as per IFRS
Accounting for An Onerous Contract Onerous contract: An onerous contract is a type of contracts in which the aggregate cost…
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Importance of Cash Flow Statement to Investors
Generally, all investors, creditors and other stakeholders of an entity want to get cash out of their investment. Therefore, information…
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How Would You Measure Fair Value Of Assets In This Circumstances
Mr. Braxton owned a big house on a large piece of land in Rome. The property had been in his…
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Items of Statement of Profit or Loss And Other Comprehensive Income
Items of Statement of Profit or Loss And Other Comprehensive Income are given and described shortly below. • Income and…
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Items of Statement of Financial Position or Balance Sheet
The following are the items of Statement of Financial Position or Balance Sheet. They are described shortly. • Assets. Assets…
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