Learn and understand how to easily perform a break even analysis

The break-even point (BEP) in economics, business—and specifically cost accounting—is the point at which total cost and total revenue are equal. There is no net loss or gain, and one has “broken even,” though opportunity costs have been paid and capital has

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The break-even point (BEP) in economics, business—and specifically cost accounting—is the point at which total cost and total revenue are equal. There is no net loss or gain, and one has “broken even,” though opportunity costs have been paid and capital has

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IFRS Standard & Interpretation Updates

Financial statement considerations in adopting new and revised pronouncements Where new and revised pronouncements are applied for the first time, there can be consequential impacts on annual financial statements, including: Updates to accounting policies. The

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Financial statement considerations in adopting new and revised pronouncements Where new and revised pronouncements are applied for the first time, there can be consequential impacts on annual financial statements, including: Updates to accounting policies. The

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Brief Overview of IFRS & How it’s different from US GAAP

“What’s the fuss over IFRS?”  Providing a brief overview of the transition to adoption of IFRS and convergence with US GAAP. While we realize that IFRS will become a future reality, the question lingered regarding

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“What’s the fuss over IFRS?”  Providing a brief overview of the transition to adoption of IFRS and convergence with US GAAP. While we realize that IFRS will become a future reality, the question lingered regarding

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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,

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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,

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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

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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

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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

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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

folder_open Accounting, GAAP, Principles
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Learn About Some Important Aspect of Supply Chain: Switch Bill of Lading and their types

A complete manual and word of advice as per below details: What it means?A switch Bill of Lading refers to a second set of Bill of Lading issued by the carrier (or its agent) to substitute the

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A complete manual and word of advice as per below details: What it means?A switch Bill of Lading refers to a second set of Bill of Lading issued by the carrier (or its agent) to substitute the

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