Leasehold Improvement GAAP
A Leasehold Improvement is the changes made to a rental property in order to meet the needs of a tenant. There can be various… Read Article
Discontinued Operations – Meaning, Disclosure And More
Discontinued Operations are that part or portion of a company’s core product that no longer functions. Also, these parts are either held for sale… Read Article
Stock Dividend Investing – Strategies, Tax Implications And More
Stock dividend investing is a way for shareholders to generate extra income in addition to the appreciation in the market value of their portfolio.… Read Article
US GAAP – Meaning, History, Importance And More
Generally Accepted Accounting Principles or GAAP is also known as US GAAP as it is in use in the US. These are the set… Read Article
Extraordinary Items Under GAAP – All You Need To Know
Extraordinary items in accounting are an event or transaction that does not relate to normal business activity and occur rarely. The treatment of extraordinary… Read Article
Advantages and Disadvantages of Limited Liability Company
To understand the advantages and disadvantages of a limited liability company, let’s take the example of three individuals: Sam, Paul, and Harry. They want… Read Article
Altman Z-Score – Meaning, Use, History, Formula, and Interpretation
What is Altman Z-Score?The Altman Z-Score is a statistical measure used to predict the probability of a company going bankrupt. It is an important… Read Article
GAAP vs Non-GAAP – All You Need To Know
Companies can adopt different ways to track and report financial information to the stakeholders. While in the United States, the companies follow the US… Read Article
GAAP vs IFRS – All You Need To Know
Initially, many countries developed their own accounting standards. All these standards were different from others in a way that each had a different approach,… Read Article
Present Value of Annuity
The present value of an annuity is a very interesting concept used by every one of us in day-to-day life. As the name suggests,… Read Article
Advantages and Disadvantages of Partnership
A partnership form of business has several advantages and disadvantages, which we will discuss in this article. But first, let’s look at a brief… Read Article