Results for: Unrecognized

1,412 Contributions

Answered

What are the differences between realizing unrecognized gains and recognizing unrealized gains?

Realizing means that it has happened, recognizing means booking the entry. So realizing an unrecognized gain means you had a gain that hasn't been accounted for. And recognizi… (MORE)

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In Pain

What are unrecognized drugs?

Unrecognized drugs are commercial products that have psychoactive drug effects but are not usually considered drugs. These substances are not generally regulated by law except… (MORE)

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In Taxes and Tax Preparation

What is an unrecognized tax benefit?

Fin 48 clarified the accounting for uncertainty in income taxes by providing criteria for the recognition and measurement of Unrecognized Tax Benefits (UTB). UTBs are a reserv… (MORE)