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Financial Accounting – Concepts
How to create label in Gmail
Hey guys, here’s an amazing feature of Gmail. Tired of searching mails? Here’s a one stop solution for the same. Did you know in gmail you can organize your mails? Wow! Won’t that be fantastic. Guess what I am talking about? Yes! Correct its label. It’s too common. But the question is how to create […]
Top 5 free open source alternative to remote connection of TeamViewer
If you are looking for open source remote desktop connection software, then you are on the right website or a blog. We have checked and verified the best solution, which reviewed positively. Here you go:
How Cloud Computing Works
Let’s say you’re an executive at a large corporation. Your particular responsibilities include making sure that all of your employees have the right hardware and software they need to do their jobs. Buying computers for everyone isn’t enough — you also have to purchase software or software licenses to give employees the tools they require. […]
What is Accounting & how it is classified?
Accounting is the systematic process of recording, summarizing, analyzing, and reporting financial transactions of a business or individual. It serves as the backbone of any financial system, providing a clear picture of an organization’s financial health and guiding decision-making. Through accounting, businesses can track income and expenses, ensure statutory compliance, and provide investors, management, and […]
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Transfer Pricing – Detail Overview
What is Transfer Pricing? Transfer pricing is the setting of the price for goods and services sold between controlled (or related) legal entities within an enterprise. For example, if a subsidiary company sells goods to a parent company, the cost of those goods paid by the parent to the subsidiary is the transfer price. How transfer pricing playing role […]
SFAS 78 With Summary
SUMMARY OF STATEMENT NO. 78CLASSIFICATION OF OBLIGATIONS THAT ARE CALLABLE BY THE CREDITOR—AN AMENDMENT OF ARB NO. 43, CHAPTER 3A (ISSUED 12/83)SummaryThis Statement amends ARB No. 43, Chapter 3A, “Current Assets and Current Liabilities,” to specify the balance sheet classification of obligations that, by their terms, are or will be due on demand within one […]
VAT(Identification of Designated Zones) – UAE
VAT treatment of Free Zones VAT is a general consumption tax imposed on most supplies of goods and services in the UAE. By default, it is chargeable on supplies of goods and services throughout the territorial area of the UAE. This territorial area will also include those areas currently defined as both fenced and non-fenced […]
Generally Accepted Accounting Principles
It is important that you understand the concepts of Generally Accepted Accounting Principles (GAAP), which form the basis of accounting and are part of the language of accounting and business. Third parties who invest in or provide loans to any company must know that they can rely on the financial information provided.This chapter will introduce […]