What is framework?Update: IAS 39 Financial Instruments – Recognition and Measurement summary noteThis article is a qualitative synthesis of quantitative and qualitative research investigating the flipped learning approach in engineering education. Sy... Read more
Corporate titleTypically, senior managers are "higher" than vice presidents, although many times a senior officer may also hold a vice president title, such as executive vice president and chief financial officer (CFO). The board of directors is tech... Read more
Tamil Language Trying to Keep Up With the TimesExamples in English:It collocates with the nouns denoting certain responsibility to form compounds. The paper discusses in details about the different types of formation of compound verbs in Tamil. Tamil... Read more
Learn About Simple and Compound InterestThis concept is known as the time value of money and forms the basis for relatively advanced techniques like discounted cash flow (DCF) analysis. The discount factor can be thought of as the reciprocal of the i... Read more
What is a contra asset account?In the double-entry system, transactions are recorded in terms of debits and credits. Since a debit in one account offsets a credit in another, the sum of all debits must equal the sum of all credits. The double-entry s... Read more
Exponential Functions: Compound InterestPooling together its members money is how banks and other lenders provide loans to borrowers, among other banking activities. We pay interest on credit card purchases and loans, and we earn interest on our savi... Read more
Preparing Financial Statements and Auditors' IndependenceAlmost all companies receive a yearly audit of their financial statements, such as the income statement, balance sheet, and cash flow statement. Lenders often require the results of an external... Read more
When does a negative cash balance appear on the balance sheet?Such items include sales revenue, cost of goods sold (COGS), depreciation, and necessaryoperating expenses. The retained earnings are calculated by adding net income to (or subtracting net... Read more
How to Account for a Record Estimated Loss From a LawsuitAs illustrated by these journal entries, while the initial entry to record accrued vacation increases expense on your profit and loss statement, future uses of accrued vacation do not. Dependin... Read more
What are the main objectives of comparative analysis and why are they important to external users of financial statements, such as investors?What To Study While Analyzing A Comparative Income Statement?These are mainly prepared for internal decision-... Read more
