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%...
Latest News - Accounting
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...
Adjusted Trial Balance An adjusted trial balance is needed to ensure the accuracy and completeness of a company’s financial statements. It is prepared after adjusting journal entries to the...
Cash Balance for Gumbo Company as of December 1 The cash balance for Gumbo Company as of December 1 should be $8,305. Notably, this cash balance value refers to the cash balance at the start of the...
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