Latest threads in General Accountingshow only best voted threads

Subject Author Posted Replies
 
Need for accounting data
Dear All, I need historical data for my academic research. Any helps will be very much appreciated. I was not able to find it yet. Maybe, you can point to some free or paid services for this. - I...
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accountant joke
Did you hear about the comptroller named Dracula? They called him Accountant Dracula.
 
Giuen Holding Trust Ltd. Financial Derivatives
Global Fund Guide - Pension Portfolio - Economic Time Package Endowment Management – An Investment Adviser’s Perspective The endowment fiduciary’s primary task, in my judgement, is the...
 
Questions on a bank's operations
I have a question: Since deposits are liabilities and mortgages/loans are assets, then isn't a highly leveraged bank a *GOOD* tihng? Here are two examples: Bank A: It has $1M in total assets, of which...
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MBA at the University of Adelaide
I'm currently doing an MBA at the University of Adelaide I was wondering what its market value is becayse it is extremely overvalued thanks
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World Accountant's Day - November 10th
Please find this call by Prof David Albrecht to recognize November 10th as World Accountant's Day. spread the word at the earliest as the day is nearing. There's a day for everything and everybody. ...
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Bank Accounting Question
Dear People Who Actually Understand Accounting: Joe Plumber takes out a mortgage on a $1,000,000 dollar house, 20% down, 7% interest. Mortgage company A sells it to him, taking in $200,000 and a note...
 
Current ratio after write off?
Before writing-off the uncollectible account of Sears, KMart had current assets of $150,000 and current liabilities of $100,000. After the company writes-off Sears' account receivable of $5,000, what...
 
Interest question with discount bonds
Looks like b) $7,000 to me ... where would you get any of the other numbers from?
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Sale of expensed assets
A small non-profit, in an effort to raise cash and clear out the office, sells off several dozen items, some of which are fixed assets on the books but many of which are long-since expensed items -...
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accounting---Treasury stock
The stockholders equity category of Bradford Company's balance sheet on January 1, 2007, appears as follows: -Common stock, $10 par, 10,000 shares issued and...
 
Questions on Iceland's Bank Default is not connected to the housing bubble
The credit crisis of '08 is really a "HOUSING AND CREDIT BUBBLE". The two are interconnected: Because there was a credit bubble, there was a housing bubble. Recently, 3 of Iceland's biggest banks had...
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What are the differences between CDOs and CMOs?
I am thinking that CDO/CMO are a subsect of MBS, but the basic principles behind them are the exact same. The CDO/CMO is an MBS which has tranches (classes), and this is what seperates them. However,...
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Expenses before business starts
My family just started a small restaurant business. Beside the major investment on equipments, we spent some money on traveling, mailing, lawyer fees etc before the startup. I just wonder how to treat...
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Trade Builder
If I purchase stocks on a weekly basis from Trade builder, do I have to go list each and every transaction on my tax return when I goto declare income from the sale of such or Can I consolidate?
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