16Aug
Content GAAP Principles What is GAAP vs. IFRS? What is an example of GAAP? Required departures from GAAP Who Came Up With Generally Accepted Accounting Principles? While non-GAAP reports may show more accurate figures for companies that experienced unusual one-time transactions, other businesses often list repeated earnings as one-time figures. Even though they appear transparent, […]
13Jul
Content Handling Withdrawals Allocation of Profit or Loss Lesson One: Background of Partnership Equity Accounts – Partnerships Basics of Accounting for Partnership How to Report S Corporation Shareholder Withdrawals With examples, what is an accounting partnership? Therefore, this objective is achieved through preparation of a partnership deed. A partnership deed is a written document which […]