Latest threads in General Accountingshow only best voted threads
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ANN: LedgerPlus Version 1.4 from Responsive Software
LedgerPlus Version 1.4 from Responsive Software Free 30-day trial now available from version 1.4.0.0 now includes fixed assets & depreciation, budgeting, account summaries * Extremely easy-to-use...
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17 years ago
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Why don't management revalue assets to increase stock prices?
Many assets that a company has on their balance sheet is listed at historical costs, and this doesn't reflect the true market values of these assets (i.e. land, PPE, etc.). By re-valuing these assets...
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17 years ago
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When a company buys back its own shares...
This reduced the book value of the company, from what I understand. I would have thought that the assets side remains the same, and also, if anything, the liability side goes down and the equity side...
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17 years ago
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Commission accounting - I should know this.
Assume a TV broadcaster pays an advertising salesperson $XXX in December for selling an advertisiment that will air in January. (the commish is earned by the sales rep when sold). Should the...
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17 years ago
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How to enter
hi I have an accounting question, on how to enter an item in simply accounting. i had purchased a phone for $350 + gst + pst which was entered in Simply accounting, and got reimbursed by govn't for...
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17 years ago
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accounting software?
Hi. What is the most popular accounting software? And how much do they run? I just finished taking few accounting courses at a community college and I want to get a job. Thanks in advance.
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17 years ago
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Investment account
Scenario is: My partnership bought property w/ existing business. Property consist of a house, land, furniture & fixtures to run the business, including the existing clients. Property will be used...
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17 years ago
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What is an "Accounting work product"?
I am guessing that it is self-explanatory; it is the data collected from the work done with audits, spreadsheets, reviews, attests, etc. I have to write about my state's code of ethics, and I must...
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17 years ago
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Sole P Vs LLC in NJ
Hello I am a programmer and will be doing some consulting work. I am not sure if I should simply bill the companies and expect a 1099, or create a Sole P or LLC. I know NJ has some crazy fees/tax...
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17 years ago
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How Does Creating Sham Rebates Boost Earnings?
An example of an accounting gimmick is Creating Sham Rebates. In my book which explains this, it states an example: A company agrees to buy $100M in inventory in the next year and has the supplier...
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17 years ago
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Capitalizing over 12 months *VS* expensing
How are these 2 methods above different? I can see how the former (capitalizing over 12 months) leads to smoother costs. However, the net effect is the exact same after 1 year time. I'm reading how...
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17 years ago
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Auditing Questions on Livent, Inc.
So I have an extra credit audit assignment but I'm having some trouble with a few of the questions, so thought maybe I'd post them here and see if anyone had any ideas - I'll just post the 2 that I'm...
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17 years ago
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EA? and CPA?
I've heard of CPA but never EA before. What is that? What's the difference between CPA and EA? Which is harder certification to get? Which is better to get? Is it good to get both? Which gets more...
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17 years ago
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Month-end balance check problem
Hi all, I'm having a bit of trouble with trying to balance the month-end accounts. I'm not in the accounting department therefore my knowledge is limited & I don't use Sage etc. Basically, the UK &...
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17 years ago
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Sr. Audit Associate - Location: Denver CO.
* CPA or CFA * External Audit experience * Experience at Big 4, Boutique, 2nd tier firm * 3-6 years of work experience. Regards, Grant Gibson KPMG - Southwest Staffing 717 North Harwood Street Dallas,...
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17 years ago
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