Business
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Perpetual And Periodic Inventory Methods
June 5, 2016
Perpetual And Periodic Inventory Methods
Among various methods of accounting for inventories, there are two main methods which are very popular in accounting world. Both…
Cost of Purchase of Inventory As Per IAS 2
June 4, 2016
Cost of Purchase of Inventory As Per IAS 2
The costs of purchase comprise the purchase price, import duties and other taxes (other than those subsequently recoverable), transport, handling…
11 IASB Advisory Bodies for High Quality Accounting Standards
June 3, 2016
11 IASB Advisory Bodies for High Quality Accounting Standards
The IASB has formal advisory bodies that provide a means for the board to consult and engage with interested parties…
What Is Cost Leadership Strategy And How Is It Achieved?
June 2, 2016
What Is Cost Leadership Strategy And How Is It Achieved?
What is Cost Leadership Strategy ? Cost leadership is a kind of Strategy that is used by many companies to…
What is the Public Company Accounting Oversight Board?
June 1, 2016
What is the Public Company Accounting Oversight Board?
The Board Public Company Accounting Oversight is a nonprofit organization created by the Sarbanes-Oxley Act of 2002. Sarbanes-Oxley, the Congress…
Cost Of Inventories Of A Service Provider
May 31, 2016
Cost Of Inventories Of A Service Provider
Cost of inventories of a service provider : Service providers, such as cleaners, would normally measure any inventories at the…
Nature Of Inventories and Their Presentation in Financial Statements
May 31, 2016
Nature Of Inventories and Their Presentation in Financial Statements
For retailing and manufacturing entities inventory is the most active asset and covers a significant share of current assets. The…
IFRS 16 will Replace IAS 17 Leases – What are the Changes?
May 26, 2016
IFRS 16 will Replace IAS 17 Leases – What are the Changes?
The introduction of IFRS 16 “Leases” will profoundly change the lease accounting rules with a potentially significant impact on the…
Benefits of Defined Pension Plans For Employees
May 22, 2016
Benefits of Defined Pension Plans For Employees
Benefits of Defined Supplemental pension plans : The factors behind the present difficulties in Defined Pension Plans: The imbalance between…
End of CDD and CDI Types Of Employment Contract In France
May 12, 2016
End of CDD and CDI Types Of Employment Contract In France
CDD (Contract Duration Determinée – [a Fixed-term Contract, or temporary employee contract] type of employment contract and CDI (Contract Duration…