Closing Process in Accounting A company’s financial accounts are finalized and made ready for the following accounting period through a sequence of activities known as the closure process. An...
Latest News - Accounting
Merger and Acquisition for MasTec As the new head of Mergers and Acquisitions for MasTec, various factors will be considered in the company’s merger and acquisition strategy. According to...
Case Study – Gemstar and Canstar Corporation Key Players Plaintiffs Adam Kunst: This is the principal of the Kunst and R. Pape Corporations and one of the plaintiffs in the case. He owns 10%...
Footnote Disclosure -Sony, Samsung and Huawei Location of IFRS and US GAAP Accounting Standards Codification Disclosure Particular Location for IFRS codification disclosure PPE disclosure...
Financial Statements Examination of Non-US Companies That Use IFRS Introduction Various non-U.S companies have been selected for the financial statement examination. The financial statements of the...
Inappropriate Reporting of Earnings – Enron Company One major case of inappropriate reporting of earnings is that of Enron. Enron was an energy company that chose to enter into energy market...