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What accounting issues arise for a company as a result of engaging in international trade?
answer
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 is the accounting treatment for a subsidiary buying shares of its parent company?
You have to deal with special legal issues. Having a business lawyer help deal with the procedures and help out.
What group or organization governs ethical issues in financial accounting?
The Financial Accounting Standards Board (FASB)
Who issues accounting standards in India?
National Advisory Committee on Accounting Standards
What is the contemporary issues of cost accounting?
iu dont know
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.
What is the official issues for the Leslie Fay Company?
The Leslie Fay Company, known for its women's apparel, has faced various challenges over the years, including financial difficulties and issues related to corporate governance. In the early 1990s, the company dealt with a significant accounting scandal that led to bankruptcy and restructuring. More recently, the brand has struggled with competition and evolving consumer preferences in the fashion industry. These issues have impacted its market position and operational stability.
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.
When a company receives a utility bill but will not pay it right away it should?
When a company receives a utility bill but will not pay it immediately, it should record the bill as a liability in its accounting system. This ensures that the expense is recognized in the correct accounting period, reflecting the company's obligations. Additionally, the company should monitor the due date to avoid late fees and ensure timely payment. It's also advisable to communicate with the utility provider if there are any issues or disputes regarding the bill.
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
