DEPRECIATION

Accounting for Cryptocurrency

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Accounting for Cryptocurrency - The popularity of cryptocurrencies has soared in recent years, yet they do not fit easily within IFRS’ financial reporting structure....
DEPRECIATION

Certified Public Accountant

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A Certified Public Accountant - (CPA) is the highest standard of competence in the field of Accountancy across the globe. Similarly, the exam is...
Process Of Auditing

Unearned Incomes

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Unearned income- is income from investments and other sources which is unrelated to employment. Examples of unearned income include interest from savings accounts, bond interest,...
DEPRECIATION

Passive Income

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Passive income is generally defined as a stream of income earned with little effort, and it is referred to as progressive passive income when...
Process Of Auditing

Statement of profit and loss

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Statement of profit and loss - The financial statements are the end products of the accounting process. They are prepared following the consistent accounting...
Tax Reforms

Tax Reforms

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Tax reform -  is the process of changing the way taxes are collected or managed by the government and is usually undertaken to improve...
The Holding Company

Golden Rules Of Accounting

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Golden Rules Of Accounting. To understand the Golden Rules of Accounting we must first understand the types of accounts. There are three types of accounts: Real...
The Holding Company

GAAP

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What are 'Generally Accepted Accounting Principles - GAAP' Generally accepted accounting principles (GAAP) refer to a common set of accepted accounting principles, standards, and procedures...
DEPRECIATION

International Financial Reporting Standards(IFRS)

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What are International Financial Reporting Standards - IFRS? International Financial Reporting Standards (IFRS) are a set of international accounting standards stating how particular types of...
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