Category Archives: Accounting

What Is Payroll?

Posted on January 24, 2010 by Alex Bhaswara

Article Source: MiNeeds.com, where consumers get competitive bids from Accountants/CPA’s. Read reviews, compare offers & save. It’s free! Article Link: http://www.mineeds.com/Lakeside/Leslie-and-Associates-Inc/Articles/What-is-Payroll Tags: payroll , tax , help , relief , services , Tax Preparation / Income Tax Accounting , information … Continue reading →

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Learning about Forensic Accounting

Posted on January 23, 2010 by Alex Bhaswara

Forensic accounting is a growing field, especially in the wake of recent financial scandals. Simply put, forensic accountants go over a business or individual’s financial records and analyze them for the client’s use. Forensic accounting evidence may be called for … Continue reading →

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Internal Audit

Posted on January 22, 2010 by Alex Bhaswara

Organizations are restructuring, reinventing themselves to change their goals and their processes in order to respond appropriately to a changing environment. In this context of change and increasing competitiveness in all market segments, organizations seek productivity gains and improve their … Continue reading →

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The Unresolved Flaws in Financial Accounting

Posted on January 21, 2010 by Alex Bhaswara

The Unresolved Flaws in Financial Accounting The users of accounting information include company owners, managers, investors, creditors, and government agencies. It is generally acknowledged that most financial reporting is “primarily externally oriented” and most of the users are nonaccountants who … Continue reading →

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CAPITAL EXPENSES VS. REVENUE EXPENSES

Posted on January 20, 2010 by Alex Bhaswara

CAPITAL EXPENDITURE REVENUE EXPENDITURE 1. Nature of Assets purchased Any expenditure incurred to acquire a fixed asset or in connection with installation (expenses for installation) of fixed asset is capital expenditure. Any expenditure incurred as price of goods purchased for … Continue reading →

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Standard Setters on Record-Setting Pace for Issuance of Fair Value Accounting Guidance

Posted on January 19, 2010 by Alex Bhaswara

As part of an organized global effort to reduce the inconsistent measurement of fair value and the application of impairment guidance for financial assets, FASB has taken swift action with rapid expansion of fair value accounting guidance intended to provide … Continue reading →

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