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What Is a Company's Balance Sheet? The balance sheet lists a company’s assets, liabilities, and shareholders’ equity–all of which show its financial position ...
Continuing with the example, you would have an accounts receivable balance of $50,000 with an allowance of $1,500. Under GAAP, your balance sheet should report A/R "net of allowance." ...
A balance sheet is a financial statement that accounts for a business's assets, liabilities, and shareholders' equity at a specific time.
Post-acquisition Mergers & Acquisitions (“M&A”) disputes are often caused by the timing of a transaction closing and the subsequent true-up of the estimated closing date balance sheet. However ...
Balance Sheet vs. Profit and Loss Statement: An Overview The balance sheet and the profit and loss (P&L) statements are regularly issued by companies.
While amortization appears in the balance sheet as a reduction in an asset's carrying value or book value, it appears in the income statement as an expense.
Under GAAP, the size of the net pension asset a company lists as part of employee benefits is not limited on the balance sheet.
The current GAAP treatment for crypto asset may not reflect the true nature of the asset class, leading to somewhat misleading financials.
For example, under GAAP, the disclosure of contingent liabilities depends upon a number of different factors, including relative probability.
A balance sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholder's equity.
Discover the basics of crypto gains and losses accounting on the balance sheet and handling crypto in financial statements to ensure accurate reporting.
Balance Sheet Analysis: Deere Is Loaning Money To Itself To Buy Tractors That It Manufactures, Helping To Sustain High GAAP Earnings Dec. 17, 2016 7:15 AM ET Deere & Company (DE) Stock DE 183 Comments ...