by Freddie | Jul 15, 2019 | Bookkeeping
ContentAvailable-for-Sale vs. Held-for-Trading vs. Held-to-Maturity SecuritiesStrategic AnalysisAccountingAvailable for Sale Securities These securities are valued at a realizable price and classified as financial assets, i.e., short-term investments held for sale. As...
by Brannon | Jul 12, 2019 | Bookkeeping
ContentInquiring of the Audit Committee, Management, and Others within the Company about the Risks of Material MisstatementAuditing Standard No. 12Relationship of Understanding to Assessing Control RiskMisstep No. 5: Failing to link further procedures to...
by Freddie | Jul 9, 2019 | Bookkeeping
ContentHow Do You Calculate an Allowance for Doubtful Accounts?Stay up to date on the latest accounting tips and trainingWhy Small Business Owners Should Always Estimate an Allowance for Doubtful Accounts (ADA)What is the industry average allowance for doubtful...
by Brannon | Jul 9, 2019 | Bookkeeping
ContentAR aging methodHeating and Air CompanyHow Do You Calculate an Allowance for Doubtful Accounts?The Allowance as a Contra-AccountExplaining Allowance For Doubtful Accounts in ContextManaging Accounts Receivable and Allowance for Doubtful Accounts The company can...