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G and A refers to General and Administration expenses
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Main purpose of maintaining Books of Prime Entry?
Maintain a original book entry is very important because it's show a one thin debit and other thing credit if any transaction is wrong from this point till to income statement profit not show a true profit because original entry is wrong if it is maintaining then you easily find where are you wrong. Reference: Any accounting book e. G Meigs and meigs book
What are the Disclosure Requirements of Segment Reporting?
The following is an excerpt from SFAS 131, paragraphs 25 through 35, "Disclosures about Segments of an Enterprise and Related Information". The statement can be read in it's entirety at www.fasb.org : 25. An enterprise shall disclose the following for each period for which an income statement is presented: a. General information as described in paragraph 26 b. Information about reported segment profit or loss, including certain revenues and expenses included in reported segment profit or loss, segment assets, and the basis of measurement, as described in paragraphs 27-31 c. Reconciliations of the totals of segment revenues, reported profit or loss, assets, and other significant items to corresponding enterprise amounts as described in paragraph 32 d. Interim period information as described in paragraph 33. However, reconciliations of balance sheet amounts for reportable segments to consolidated balance sheet amounts are required only for each year for which a balance sheet is presented. Previously reported information for prior periods shall be restated as described in paragraphs 34 and 35. General information 26. An enterprise shall disclose the following general information: a. Factors used to identify the enterprise's reportable segments, including the basis of organization (for example, whether management has chosen to organize the enterprise around differences in products and services, geographic areas, regulatory environments, or a combination of factors and whether operating segments have been aggregated) b. Types of products and services from which each reportable segment derives its revenues. Information about profit or loss and assets 27. An enterprise shall report a measure of profit or loss and total assets for each reportable segment. An enterprise also shall disclose the following about each reportable segment if the specified amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss: a. Revenues from external customers b. Revenues from transactions with other operating segments of the same enterprise c. Interest revenue d. Interest expense e. Depreciation, depletion, and amortization expense f. Unusual items as described in paragraph 26 of APB Opinion No. 30, Reporting the Results ofOperations-Reporting the Effects of Disposal of a Segment of a Business, and Extraordinary, Unusual and Infrequently Occurring Events and Transactions g. Equity in the net income of investees accounted for by the equity method h. Income tax expense or benefit i. Extraordinary items j. Significant noncash items other than depreciation, depletion, and amortization expense. An enterprise shall report interest revenue separately from interest expense for each reportable segment unless a majority of the segment's revenues are from interest and the chief operating decision maker relies primarily on net interest revenue to assess the performance of the segment and make decisions about resources to be allocated to the segment. In that situation, an enterprise may report that segment's interest revenue net of its interest expense and disclose that it has done so. 28. An enterprise shall disclose the following about each reportable segment if the specified amounts (a) are included in the determination of segment assets reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in the determination of segment assets: a. The amount of investment in equity method investees b. Total expenditures for additions to long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets. Disclosures about Segments of an Enterprise FAS131and Related Information FAS131-7 Measurement29. The amount of each segment item reported shall be the measure reported to the chief operating decision maker for purposes of making decisions about allocating resources to the segment and assessing its performance. Adjustments and eliminations made in preparing an enterprise's general-purpose financial statements and allocations of revenues, expenses, and gains or losses shall be included in determining reported segment profit or loss only if they are included in the measure of the segment's profit or loss that is used by the chief operating decision maker. Similarly, only those assets that are included in the measure of the segment's assets that is used by the chief operating decision maker shall be reported for that segment. If amounts are allocated to reported segment profit or loss or assets, those amounts shall be allocated on a reasonable basis. 30. If the chief operating decision maker uses only one measure of a segment's profit or loss and only one measure of a segment's assets in assessing segment performance and deciding how to allocate resources, segment profit or loss and assets shall be reported at those measures. If the chief operating decision maker uses more than one measure of a segment's profit or loss and more than one measure of a segment's assets, the reported measures shall be those that management believes are determined in accordance with the measurement principles most consistent with those used in measuring the corresponding amounts in the enterprise's consolidated financial statements. 31. An enterprise shall provide an explanation of the measurements of segment profit or loss and segment assets for each reportable segment.At a minimum, an enterprise shall disclose the following: a. The basis of accounting for any transactions between reportable segments. b. The nature of any differences between the measurements of the reportable segments' profits or losses and the enterprise's consolidated income before income taxes, extraordinary items, and discontinued operations (if not apparent from the reconciliations described in paragraph 32). Those differences could include accounting policies and policies for allocation of centrally incurred costs that are necessary for an understanding of the reported segment information. c. The nature of any differences between the measurements of the reportable segments' assets and the enterprise's consolidated assets (if not apparent from the reconciliations described in paragraph 32). Those differences could include accounting policies and policies for allocation of jointly used assets that are necessary for an understanding of the reported segment information. d. The nature of any changes from prior periods in the measurement methods used to determine reported segment profit or loss and the effect, if any, of those changes on the measure of segment profit or loss. e. The nature and effect of any asymmetrical allocations to segments. For example, an enterprise might allocate depreciation expense to a segment without allocating the related depreciable assets to that segment. Reconciliations 32. An enterprise shall provide reconciliations of all of the following: a. The total of the reportable segments' revenues to the enterprise's consolidated revenues. b. The total of the reportable segments' measures of profit or loss to the enterprise's consolidated income before income taxes, extraordinary items, and discontinued operations. However, if an enterprise allocates items such as income taxes and extraordinary items to segments, the enterprise may choose to reconcile the total of the segments' measures of profit or loss to consolidated income after those items. c. The total of the reportable segments' assets to the enterprise's consolidated assets. d. The total of the reportable segments' amounts for every other significant item of information disclosed to the corresponding consolidated amount. For example, an enterprise may choose to disclose liabilities for its reportable segments, in which case the enterprise would reconcile the total of reportable segments' liabilities for each segment to the enterprise's consolidated liabilities if the segment liabilities are significant. All significant reconciling items shall be separately identified and described. For example, the amount of each significant adjustment to reconcile accounting methods used in determining segment profit or loss 1a−1b[These footnotes have been deleted because the effective date of FASB Statement No. 154, Accounting Changes and Error Corrections, has passed.] FAS131 FASB Statement of Standards FAS131-8 to the enterprise's consolidated amounts shall be separately identified and described. Interim period information 33. An enterprise shall disclose the following about each reportable segment in condensed financial statements of interim periods: a. Revenues from external customers b. Intersegment revenues c. Ameasure of segment profit or loss d. Total assets for which there has been a material change from the amount disclosed in the last annual report e. A description of differences from the last annual report in the basis of segmentation or in the basis of measurement of segment profit or loss f. A reconciliation of the total of the reportable segments' measures of profit or loss to the enterprise's consolidated income before income taxes, extraordinary items, and discontinued operations. However, if an enterprise allocates items such as income taxes and extraordinary items to segments, the enterprise may choose to reconcile the total of the segments' measures of profit or loss to consolidated income after those items. Significant reconciling items shall be separately identified and described in that reconciliation. Restatement of previously reported information 34. If an enterprise changes the structure of its internal organization in a manner that causes the composition of its reportable segments to change, the corresponding information for earlier periods, including interim periods, shall be restated unless it is impracticable to do so. Accordingly, an enterprise shall restate those individual items of disclosure that it can practicably restate but need not restate those individual items, if any, that it cannot practicably restate. Following a change in the composition of its reportable segments, an enterprise shall disclose whether it has restated the corresponding items of segment information for earlier periods. 35. If an enterprise has changed the structure of its internal organization in a manner that causes the composition of its reportable segments to change and if segment information for earlier periods, including interim periods, is not restated to reflect the change, the enterprise shall disclose in the year in which the change occurs segment information for the current period under both the old basis and the new basis of segmentation unless it is impracticable to do so. The following is an excerpt from SFAS 131, paragraphs 25 through 35, "Disclosures about Segments of an Enterprise and Related Information". The statement can be read in it's entirety at www.fasb.org : 25. An enterprise shall disclose the following for each period for which an income statement is presented: a. General information as described in paragraph 26 b. Information about reported segment profit or loss, including certain revenues and expenses included in reported segment profit or loss, segment assets, and the basis of measurement, as described in paragraphs 27-31 c. Reconciliations of the totals of segment revenues, reported profit or loss, assets, and other significant items to corresponding enterprise amounts as described in paragraph 32 d. Interim period information as described in paragraph 33. However, reconciliations of balance sheet amounts for reportable segments to consolidated balance sheet amounts are required only for each year for which a balance sheet is presented. Previously reported information for prior periods shall be restated as described in paragraphs 34 and 35. General information 26. An enterprise shall disclose the following general information: a. Factors used to identify the enterprise's reportable segments, including the basis of organization (for example, whether management has chosen to organize the enterprise around differences in products and services, geographic areas, regulatory environments, or a combination of factors and whether operating segments have been aggregated) b. Types of products and services from which each reportable segment derives its revenues. Information about profit or loss and assets 27. An enterprise shall report a measure of profit or loss and total assets for each reportable segment. An enterprise also shall disclose the following about each reportable segment if the specified amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss: a. Revenues from external customers b. Revenues from transactions with other operating segments of the same enterprise c. Interest revenue d. Interest expense e. Depreciation, depletion, and amortization expense f. Unusual items as described in paragraph 26 of APB Opinion No. 30, Reporting the Results ofOperations-Reporting the Effects of Disposal of a Segment of a Business, and Extraordinary, Unusual and Infrequently Occurring Events and Transactions g. Equity in the net income of investees accounted for by the equity method h. Income tax expense or benefit i. Extraordinary items j. Significant noncash items other than depreciation, depletion, and amortization expense. An enterprise shall report interest revenue separately from interest expense for each reportable segment unless a majority of the segment's revenues are from interest and the chief operating decision maker relies primarily on net interest revenue to assess the performance of the segment and make decisions about resources to be allocated to the segment. In that situation, an enterprise may report that segment's interest revenue net of its interest expense and disclose that it has done so. 28. An enterprise shall disclose the following about each reportable segment if the specified amounts (a) are included in the determination of segment assets reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in the determination of segment assets: a. The amount of investment in equity method investees b. Total expenditures for additions to long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets. Disclosures about Segments of an Enterprise FAS131and Related Information FAS131-7 Measurement29. The amount of each segment item reported shall be the measure reported to the chief operating decision maker for purposes of making decisions about allocating resources to the segment and assessing its performance. Adjustments and eliminations made in preparing an enterprise's general-purpose financial statements and allocations of revenues, expenses, and gains or losses shall be included in determining reported segment profit or loss only if they are included in the measure of the segment's profit or loss that is used by the chief operating decision maker. Similarly, only those assets that are included in the measure of the segment's assets that is used by the chief operating decision maker shall be reported for that segment. If amounts are allocated to reported segment profit or loss or assets, those amounts shall be allocated on a reasonable basis. 30. If the chief operating decision maker uses only one measure of a segment's profit or loss and only one measure of a segment's assets in assessing segment performance and deciding how to allocate resources, segment profit or loss and assets shall be reported at those measures. If the chief operating decision maker uses more than one measure of a segment's profit or loss and more than one measure of a segment's assets, the reported measures shall be those that management believes are determined in accordance with the measurement principles most consistent with those used in measuring the corresponding amounts in the enterprise's consolidated financial statements. 31. An enterprise shall provide an explanation of the measurements of segment profit or loss and segment assets for each reportable segment.At a minimum, an enterprise shall disclose the following: a. The basis of accounting for any transactions between reportable segments. b. The nature of any differences between the measurements of the reportable segments' profits or losses and the enterprise's consolidated income before income taxes, extraordinary items, and discontinued operations (if not apparent from the reconciliations described in paragraph 32). Those differences could include accounting policies and policies for allocation of centrally incurred costs that are necessary for an understanding of the reported segment information. c. The nature of any differences between the measurements of the reportable segments' assets and the enterprise's consolidated assets (if not apparent from the reconciliations described in paragraph 32). Those differences could include accounting policies and policies for allocation of jointly used assets that are necessary for an understanding of the reported segment information. d. The nature of any changes from prior periods in the measurement methods used to determine reported segment profit or loss and the effect, if any, of those changes on the measure of segment profit or loss. e. The nature and effect of any asymmetrical allocations to segments. For example, an enterprise might allocate depreciation expense to a segment without allocating the related depreciable assets to that segment. Reconciliations 32. An enterprise shall provide reconciliations of all of the following: a. The total of the reportable segments' revenues to the enterprise's consolidated revenues. b. The total of the reportable segments' measures of profit or loss to the enterprise's consolidated income before income taxes, extraordinary items, and discontinued operations. However, if an enterprise allocates items such as income taxes and extraordinary items to segments, the enterprise may choose to reconcile the total of the segments' measures of profit or loss to consolidated income after those items. c. The total of the reportable segments' assets to the enterprise's consolidated assets. d. The total of the reportable segments' amounts for every other significant item of information disclosed to the corresponding consolidated amount. For example, an enterprise may choose to disclose liabilities for its reportable segments, in which case the enterprise would reconcile the total of reportable segments' liabilities for each segment to the enterprise's consolidated liabilities if the segment liabilities are significant. All significant reconciling items shall be separately identified and described. For example, the amount of each significant adjustment to reconcile accounting methods used in determining segment profit or loss 1a−1b[These footnotes have been deleted because the effective date of FASB Statement No. 154, Accounting Changes and Error Corrections, has passed.] FAS131 FASB Statement of Standards FAS131-8 to the enterprise's consolidated amounts shall be separately identified and described. Interim period information 33. An enterprise shall disclose the following about each reportable segment in condensed financial statements of interim periods: a. Revenues from external customers b. Intersegment revenues c. Ameasure of segment profit or loss d. Total assets for which there has been a material change from the amount disclosed in the last annual report e. A description of differences from the last annual report in the basis of segmentation or in the basis of measurement of segment profit or loss f. A reconciliation of the total of the reportable segments' measures of profit or loss to the enterprise's consolidated income before income taxes, extraordinary items, and discontinued operations. However, if an enterprise allocates items such as income taxes and extraordinary items to segments, the enterprise may choose to reconcile the total of the segments' measures of profit or loss to consolidated income after those items. Significant reconciling items shall be separately identified and described in that reconciliation. Restatement of previously reported information 34. If an enterprise changes the structure of its internal organization in a manner that causes the composition of its reportable segments to change, the corresponding information for earlier periods, including interim periods, shall be restated unless it is impracticable to do so. Accordingly, an enterprise shall restate those individual items of disclosure that it can practicably restate but need not restate those individual items, if any, that it cannot practicably restate. Following a change in the composition of its reportable segments, an enterprise shall disclose whether it has restated the corresponding items of segment information for earlier periods. 35. If an enterprise has changed the structure of its internal organization in a manner that causes the composition of its reportable segments to change and if segment information for earlier periods, including interim periods, is not restated to reflect the change, the enterprise shall disclose in the year in which the change occurs segment information for the current period under both the old basis and the new basis of segmentation unless it is impracticable to do so. The following is an excerpt from SFAS 131, paragraphs 25 through 35, "Disclosures about Segments of an Enterprise and Related Information". The statement can be read in it's entirety at www.fasb.org : 25. An enterprise shall disclose the following for each period for which an income statement is presented: a. General information as described in paragraph 26 b. Information about reported segment profit or loss, including certain revenues and expenses included in reported segment profit or loss, segment assets, and the basis of measurement, as described in paragraphs 27-31 c. Reconciliations of the totals of segment revenues, reported profit or loss, assets, and other significant items to corresponding enterprise amounts as described in paragraph 32 d. Interim period information as described in paragraph 33. However, reconciliations of balance sheet amounts for reportable segments to consolidated balance sheet amounts are required only for each year for which a balance sheet is presented. Previously reported information for prior periods shall be restated as described in paragraphs 34 and 35. General information 26. An enterprise shall disclose the following general information: a. Factors used to identify the enterprise's reportable segments, including the basis of organization (for example, whether management has chosen to organize the enterprise around differences in products and services, geographic areas, regulatory environments, or a combination of factors and whether operating segments have been aggregated) b. Types of products and services from which each reportable segment derives its revenues. Information about profit or loss and assets 27. An enterprise shall report a measure of profit or loss and total assets for each reportable segment. An enterprise also shall disclose the following about each reportable segment if the specified amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss: a. Revenues from external customers b. Revenues from transactions with other operating segments of the same enterprise c. Interest revenue d. Interest expense e. Depreciation, depletion, and amortization expense f. Unusual items as described in paragraph 26 of APB Opinion No. 30, Reporting the Results ofOperations-Reporting the Effects of Disposal of a Segment of a Business, and Extraordinary, Unusual and Infrequently Occurring Events and Transactions g. Equity in the net income of investees accounted for by the equity method h. Income tax expense or benefit i. Extraordinary items j. Significant noncash items other than depreciation, depletion, and amortization expense. An enterprise shall report interest revenue separately from interest expense for each reportable segment unless a majority of the segment's revenues are from interest and the chief operating decision maker relies primarily on net interest revenue to assess the performance of the segment and make decisions about resources to be allocated to the segment. In that situation, an enterprise may report that segment's interest revenue net of its interest expense and disclose that it has done so. 28. An enterprise shall disclose the following about each reportable segment if the specified amounts (a) are included in the determination of segment assets reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in the determination of segment assets: a. The amount of investment in equity method investees b. Total expenditures for additions to long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets. Disclosures about Segments of an Enterprise FAS131and Related Information FAS131-7 Measurement29. The amount of each segment item reported shall be the measure reported to the chief operating decision maker for purposes of making decisions about allocating resources to the segment and assessing its performance. Adjustments and eliminations made in preparing an enterprise's general-purpose financial statements and allocations of revenues, expenses, and gains or losses shall be included in determining reported segment profit or loss only if they are included in the measure of the segment's profit or loss that is used by the chief operating decision maker. Similarly, only those assets that are included in the measure of the segment's assets that is used by the chief operating decision maker shall be reported for that segment. If amounts are allocated to reported segment profit or loss or assets, those amounts shall be allocated on a reasonable basis. 30. If the chief operating decision maker uses only one measure of a segment's profit or loss and only one measure of a segment's assets in assessing segment performance and deciding how to allocate resources, segment profit or loss and assets shall be reported at those measures. If the chief operating decision maker uses more than one measure of a segment's profit or loss and more than one measure of a segment's assets, the reported measures shall be those that management believes are determined in accordance with the measurement principles most consistent with those used in measuring the corresponding amounts in the enterprise's consolidated financial statements. 31. An enterprise shall provide an explanation of the measurements of segment profit or loss and segment assets for each reportable segment.At a minimum, an enterprise shall disclose the following: a. The basis of accounting for any transactions between reportable segments. b. The nature of any differences between the measurements of the reportable segments' profits or losses and the enterprise's consolidated income before income taxes, extraordinary items, and discontinued operations (if not apparent from the reconciliations described in paragraph 32). Those differences could include accounting policies and policies for allocation of centrally incurred costs that are necessary for an understanding of the reported segment information. c. The nature of any differences between the measurements of the reportable segments' assets and the enterprise's consolidated assets (if not apparent from the reconciliations described in paragraph 32). Those differences could include accounting policies and policies for allocation of jointly used assets that are necessary for an understanding of the reported segment information. d. The nature of any changes from prior periods in the measurement methods used to determine reported segment profit or loss and the effect, if any, of those changes on the measure of segment profit or loss. e. The nature and effect of any asymmetrical allocations to segments. For example, an enterprise might allocate depreciation expense to a segment without allocating the related depreciable assets to that segment. Reconciliations 32. An enterprise shall provide reconciliations of all of the following: a. The total of the reportable segments' revenues to the enterprise's consolidated revenues. b. The total of the reportable segments' measures of profit or loss to the enterprise's consolidated income before income taxes, extraordinary items, and discontinued operations. However, if an enterprise allocates items such as income taxes and extraordinary items to segments, the enterprise may choose to reconcile the total of the segments' measures of profit or loss to consolidated income after those items. c. The total of the reportable segments' assets to the enterprise's consolidated assets. d. The total of the reportable segments' amounts for every other significant item of information disclosed to the corresponding consolidated amount. For example, an enterprise may choose to disclose liabilities for its reportable segments, in which case the enterprise would reconcile the total of reportable segments' liabilities for each segment to the enterprise's consolidated liabilities if the segment liabilities are significant. All significant reconciling items shall be separately identified and described. For example, the amount of each significant adjustment to reconcile accounting methods used in determining segment profit or loss 1a−1b[These footnotes have been deleted because the effective date of FASB Statement No. 154, Accounting Changes and Error Corrections, has passed.] FAS131 FASB Statement of Standards FAS131-8 to the enterprise's consolidated amounts shall be separately identified and described. Interim period information 33. An enterprise shall disclose the following about each reportable segment in condensed financial statements of interim periods: a. Revenues from external customers b. Intersegment revenues c. Ameasure of segment profit or loss d. Total assets for which there has been a material change from the amount disclosed in the last annual report e. A description of differences from the last annual report in the basis of segmentation or in the basis of measurement of segment profit or loss f. A reconciliation of the total of the reportable segments' measures of profit or loss to the enterprise's consolidated income before income taxes, extraordinary items, and discontinued operations. However, if an enterprise allocates items such as income taxes and extraordinary items to segments, the enterprise may choose to reconcile the total of the segments' measures of profit or loss to consolidated income after those items. Significant reconciling items shall be separately identified and described in that reconciliation. Restatement of previously reported information 34. If an enterprise changes the structure of its internal organization in a manner that causes the composition of its reportable segments to change, the corresponding information for earlier periods, including interim periods, shall be restated unless it is impracticable to do so. Accordingly, an enterprise shall restate those individual items of disclosure that it can practicably restate but need not restate those individual items, if any, that it cannot practicably restate. Following a change in the composition of its reportable segments, an enterprise shall disclose whether it has restated the corresponding items of segment information for earlier periods. 35. If an enterprise has changed the structure of its internal organization in a manner that causes the composition of its reportable segments to change and if segment information for earlier periods, including interim periods, is not restated to reflect the change, the enterprise shall disclose in the year in which the change occurs segment information for the current period under both the old basis and the new basis of segmentation unless it is impracticable to do so.
how do i get a copy of 1099-g for unemployment?
how do i get a copy of 1099-g for unemployment
What is proper abbreviation for 1 thousand dollars?
Grand. g
What is the term for tasks that people or machines perform for payment?
services
What does the g in gabby g stand for?
which is g stand for cage, get,page,hedge
What is the vision statement of john Lewis partnership?
The John Lewis Partnership's vision statement is "A thriving partnership where employees feel valued, respected, and empowered to deliver outstanding customer service and sustainable business results."
What does G stand for in G hannelious?
The G stands for Genevieve.
What does g stand for as g hannelius?
the g stands for Geineveve
What is the G stand for in G Hanneluis?
Genevieve
What does the G stand for in G Hannelius?
Genevieve
What does the G in Becky G stand for?
Gomez
What does the G in Carter G Woodson stand for?
Godwin
Does the G in G-force stand for gravity?
Yes.
How was this statement developed?
how was the mission statement of P&G developed? when was it last changed and why?
What does g p mean on bank statement?
what does GP mean on bank statement
What does the g stand for in g star raw?
The 'G' in G-Star stands for 'Gap'.
