Read More AAccounting QDOT: Overview, Form, Sample, RequirementsbyCharlotte AllenDecember 5, 2022 A QDOT (Qualifying Domestic Trust) trust exempts assets held by the trust from estate and gift taxes at…
Read More AAccounting What is Forensic Accounting: Overview, and How it Works.byCharlotte AllenDecember 5, 2022 In the world today, our newsfeeds are constantly bombarded with stories concerning fraudulent actions. The internet age has…
Read More AAccounting CASH ACCOUNTING: Meaning, Examples, Merits, and DemeritsbyPeace FredsDecember 5, 2022 Cash and accrual accounting has advantages and disadvantages, but once you choose an accounting method, it is critical…
Read More AAccounting HOW TO CALCULATE EARNINGS PER SHARE, Simplified!!!byEmmanuel OkpakuDecember 2, 2022 Organizations evaluate their financial health using a variety of values. Earnings per share (EPS) is a measure of…
Read More AAccounting MARK TO MARKET (MTM) ACCOUNTING: Definition And How It WorksbyPeace FredsDecember 1, 2022 Certain securities, including futures and mutual funds, are also mark-to-market accounting in trading and investing to reflect their…
Read More AAccounting GAAP vs IFRS: Revenue Recognition, Balance Sheet & Other DifferencesbyEmmanuel OkpakuNovember 28, 2022 Over the years, accounting has become the universal “language for business.” This is because it is capable of…
Read More AAccounting ACCOUNTING PROCESS: Understanding the 8 Steps in the Accounting CyclebyEmmanuel OkpakuNovember 28, 2022 With the rise in the number of accounting software across the globe, the need to familiarize ourselves with…
Read More AAccounting Double-Entry Accounting Explained!!! Definition, How it Works, & ExamplesbyEmmanuel OkpakuNovember 28, 2022 The accounting system is pretty vast with several methods of performing the same task. Just like trying to…
Read More AAccounting Accounting Standards: Overview, Benefits & CodificationbyEmmanuel OkpakuNovember 28, 2022 As business owners, it’s almost impossible to avoid the process of accounting considering its importance. The only escape…
Read More AAccounting Financial Accounting Standards Board (FASB): Codification, History & FunctionsbyEmmanuel OkpakuNovember 28, 2022 What is the Financial Accounting Standards Board (FASB)? The Financial Accounting Standards Board (FASB) is an independent body…