Accounting articles

Audit Report Examples

Audit Report ExamplesA disclaimer of opinion is a statement made by an auditor that no opinion is being given regarding the financial statements of a client. For example, the auditor may not have been allowed or been able to complete all planned audi... Read more

What Is an Assignment of Contract?

What Is an Assignment of Contract?In the United States, assignment of a patent is governed by statute, 35 U.S.C.§ 261. Patent rights are assignable by an "instrument in writing." Title in a patent can also be transferred as a result of other financia... Read more

assign verb

assign verbDerived forms of assignBy assigning a trademark, the right of future use of the trademark will be transferred to the assignee. Trademark assigning or assigning a trade name is done by completing and signing an assignment form. It should in... Read more

Is a Common Stock Considered an Asset?

Is a Common Stock Considered an Asset?In financial accounting, an asset is any resource owned by the business. Anything tangible or intangible that can be owned or controlled to produce value and that is held by a company to produce positive economic... Read more

Are Long Arms Sexier Than Long Legs?

Are Long Arms Sexier Than Long Legs?This ratio is approximately a one to one ratio, meaning that a person’s arm span is about equal to their height. There are many more human body ratios; some are independent of age, and others change as we grow from... Read more

ARB definition and meaning

ARB definition and meaningRecommendations by the American Institute of Certified Public Accountants on how accountants ought to treat certain facts or items. While Accounting Research Bulletins are not authoritative in themselves, the SEC often makes... Read more

Evaluating Appraisals

Evaluating AppraisalsSources of comparable data include real estate publications, public records, buyers, sellers, real estate brokers and/or agents, appraisers, and so on. Important details of each comparable sale are described in the appraisal repo... Read more

Accounting Profit and Loss

Financial results are Profit and Loss from the company's activities. To determine them, you need to deduct expenses from your income. If the difference is positive, the company has made a profit. If it's negative, a loss, the financial result can be... Read more