November 08, 2021Charles Lutwidge
November 06, 2021Charles Lutwidge
November 05, 2021Charles Lutwidge
Overview Businesses need a plan not only to understand the goals and ways to achieve them but also to substantiate the profitability and the possibility of implementing investment projects. When doing project calculations, management is faced with the concept of fixed..
November 04, 2021Charles Lutwidge
Overview The intellectual property of enterprises is becoming an increasingly expensive asset, the real value of which cannot always be reflected, even with the help of accounting. Unfortunately, inventions, trademarks, know-how belong to the type assets of the enterprise, which are..
November 03, 2021Charles Lutwidge
Overview There are various types of expenses in accounting that are associated with a company’s operating, financing, and other activities. Costs represent the cost of material, labor, financial, natural, informational, and other types of resources spent on the production and sale..
November 02, 2021Charles Lutwidge
November 01, 2021Charles Lutwidge
Overview Currently, various financial reporting standards are used by businesses around the globe, including IFRS, US GAAP, CAS, etc. Despite a lot of efforts taken to eliminate the differences between GAAP vs. IFRS standards, the financial data prepared based on either..
October 31, 2021Charles Lutwidge
Overview Financial audit is a comprehensive check of the economic and financial condition of an organization, verification of the reliability of information in the financial statements of the organization, as well as analysis and assessment of the prospects for its development,..
October 30, 2021Charles Lutwidge
Definition Assets are all business and attracted resources that are used by the company for the purpose of making a profit. These include financial, material, intangible resources. Current assets are funds that the company expects to receive during one financial year...