I will piggyback on this just to say that if they did change accounting standards it should be noted somewhere in their reports what change they made.
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It is most likely an adjustment due to changes in accounting standards from year to year.
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It seems strange to let you have accounting when i definetly wouldn't be ok with your country having accounting standards and accounting bodies and accountants, which i imagine would be part of the tech 'accounting'.
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Rights to profits means very little without enforceable promises AND accounting standards.
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Government accounting standards are famously underdeveloped.
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Once that happens, it needs to be regulated like one, and held to the same accounting standards.
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The EPL teams declare according to IFRS standards, while Barcelona and Real both declare using their own standards that count all future liabilities for the coming year, plenty of which wouldn't be called debt in any international accounting standard.
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You're not the International Accounting Standards Board, you're not the International Accounting Standards Committee, hell, you're not even an economist.
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lol those arent accounting 101 acronyms...they're domestic and international accounting standards.
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It's the opposite of sensible accounting standards.
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As a result, you get the accounting standard base with a rules-based tax-code on top to prevent the abuses that have been used over the years.
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Yes, it would be nice to have one unified accounting standard.
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Because it isn't the accounting standard in the U.S. yet.
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The Accounting standards are set by the private sector, and 95% of all businesses are just pass-through entities that don't even have taxes applied to them directly.
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Lax corporate governance and accounting standards mean that the numbers themselves can't even be trusted to represent an accurate picture.
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Afaik Enron cannot happen again in a western market, new accounting standards.
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Currently taking international accounting and I find it interesting how every other country has different accounting standards and the reasons behind it.
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You can see all the wacky fun things you can do with non-gaap accounting standards.
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I'm not so good with accounting standards.
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There are specific questions to ask in any sector of course (see the cool work of the Sustainability Accounting Standards Board, or SASB, which is working on what are the 'material' issues every sector should consider on environmental and social issues).
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The simple version is that one is determined by the Financial Accounting Standards Board while the other is determined by the Department of Labor.
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Yes, and if we lived in a world where we applied nonexistent rules to acronyms, your pronunciation would be correct - as would your "JOES" system for weather forecasting, and your "JAAP" accounting standards.
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What constitutes GAAP is defined by the FASB (Federal Accounting Standards Board).
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That is, the FASB's guidelines are essentially the letter of the law when it comes to accounting standards.
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Japanese accounting standards force insurance companies to recognize a big loss when a policy is sold, with profits realized slowly over the lifetime of a policy.
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P.29... it's audited under ASPE (accounting standards for private enterprises).
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Because while they aren't collecting taxes, they are lowering their unpaid obligations (close to $93.5 trillion according to the US treasury, using GAAP accounting standards), which improves their financial situation significantly.
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If there isn't a tremendous difference even accounting for standards for DAC's, then I'm taking the cheaper option every time.
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if a company intends to be a public company, then it must make its financial reporting public under a statutorily required standard of accounting and standard of auditing (such in the US, the GAAP and GAAS).
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But as a unit, any given civilization will need a standard accounting of time, and UTC will probably be that.
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Vend is pretty good, and you can connect it with any standard pos system, also api's to xero for all your accounting needs, vend also does stock management too.
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From my understanding, fund accounting is looked down upon by big4 only because their hiring standards are lower, you often don't need to be cpa eligible, the salary is lower, and you aren't as competitive with exiting out to work for clients someday.
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Assuming both Thorin and Thor are in armour and standard gear (Thor - Hammer, Thorin - Sword and Shield) and accounting for the height difference I'd say it wouldn't be Thor 10/10.
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The leader of a country and Bob down in accounting should not be held to the same standard of speech.
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I reckon it's better sounding and looking than standard chartered, who sound like an accounting firm, how would it look in white instead of gold though as they have it this year?
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It's a pretty standard accounting solution within the linux world, fwiw
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For accounting purposes amortising the transfer fee is standard practice.
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If you have enough required accounting hours from undergrad, you may be able to get the other hours from a general education program or standard MBA program.
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After all, there are sure to be many college kids who have the standard GPA, accounting club officer credentials, and maybe some relevant part-time job.
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Then perform integer arithmetic, which matches most standard accounting practice (always round down).
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Travelling at your standard dirt bike speed (let's say 15-20 mph in the forest, accounting for wind resistance and ax murderers chasing you) you have a chance of seeing the wire's glint and still retaining full consciousness as your head flies through the air similar to King Henry's wife.
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Even accounting for those numbers, the standard of living there is greatly up from pre war.
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The standard is not radically different from previous accounting so reporting over core business will not change heavily.
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I really do think its industry standards accounting for most of CR's "lazy" work, but I can see how that style of subbing is detrimental to the experience.
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If the company is using standard accounting practices, they cannot recognize revenue for a product that hasn't shipped yet.
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It argues that because of the unique nature of the case, as well as McCulloch’s pledge to provide the public with a full accounting of the court’s proceedings, the standard of secrecy is outweighed by the plaintiff’s right to free speech."
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The CPA designation proves that you've met a set standard knowledge of accounting and requires continuing education to remain current.
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The official job title is "accounting technician", but it's standard bookkeeping.
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What it seems like is this- for other occupations, the government standards are lower than the US, so going to accounting to become a CPA abroad would cost the student a lot more money, and be seriously more difficult, and in the end they wouldn't earn more money in their career.
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What you are describing is standard accounting treatment.
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