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Some of the basic issues related to accounting for intangible assets are non-monetary assets which are not seeable. This generates time and effort to classify separate asset. Legal intangibles and Competitive intangible are customers' information, rights, and cost within the organization. It is also recorded as organization's cost.
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What are the three accounting issues associated with accounts receivables?
Associated accounting issues include recognizing accounts receivable, valuing accounts receivable, and disposing of accounts receivable.
What are the key accounting issues from your review of other sections in the annual reports and financial statements?
Key accounting issues in annual reports and financial statements often include revenue recognition, asset valuation, and impairment assessments. Additionally, the treatment of lease obligations and contingent liabilities can present complexities. It's also crucial to evaluate the consistency of accounting policies and any changes therein, as well as the adequacy of disclosures related to these areas for transparency and compliance with accounting standards.
What group or organization governs ethical issues in financial accounting?
The Financial Accounting Standards Board (FASB)
What is the difference between current assets and quick assets?
Current Assets should be convertible into cash in the coming year. Quick assets are cash or are easily converted into cash (no liquidity or marketability issues).
What is the contemporary issues of cost accounting?
iu dont know
What is an example of an intangible resource?
"http://wiki.answers.com/Q/What_are_some_examples_of_intangible" How we do valuation of intangible assets. issues ,controversies , methods,implication.
What are the three accounting issues associated with accounts receivables?
Associated accounting issues include recognizing accounts receivable, valuing accounts receivable, and disposing of accounts receivable.
Who issues accounting standards in India?
National Advisory Committee on Accounting Standards
What group or organization governs ethical issues in financial accounting?
The Financial Accounting Standards Board (FASB)
What is the contemporary issues of cost accounting?
iu dont know
What is the difference between current assets and quick assets?
Current Assets should be convertible into cash in the coming year. Quick assets are cash or are easily converted into cash (no liquidity or marketability issues).
What has the author Paul Pacter written?
Paul Pacter has written: 'An analysis of issues related to consolidation policy and procedure' 'Reporting financial information by segment' -- subject(s): Accounting, Standards
Whether international harmonisation of accounting standards is a good idea?
AnswerHow do specific accounting theories helps us to understand issues relating to harmonization of accounting standard.
Is the financial accounting standards advisory board the same as the federal accounting standards board?
The Financial Accounting Standards Board (FASB) is a private organization (within the Financial Accounting Foundation) that issues financial accounting and reporting standards for nongovernmental entities.
What accounting issues arise for a company as a result of engaging in international trade?
answer
What ethical issues might accounting professionals face in dealing with confidential information?
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Three accounting issues associated with accounts receivable are?
Recognizing, Valuing , and Disposing
