Accounting
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Breaking ground
Healthcare seems to be in the news constantly these days as the government and private companies try and figure out how to "fix" the industry. For accounting and finance professionals in the healthcare industry, we see on a daily basis what is right and what is wrong with the system. But for u…
4
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New Way of providing accounting services
Many small enterprises especially in the developing countries, egg street vendors or other individually owned businesses, do not keep any financial records, but tend to keep a log and more information in their head. I am looking to for some one who can provide any ideas/ brainstorm ideas, formal …
2
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Goodwill impairment
Does anyone have a model for testing for goodwill impairment or: could refer me to literature with a model? thanks
5
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Compensation Plan for Advisors/Lead Generators
I am establishing a compensation plan for a few advisors that will generate quality leads and introductions towards closing deals in the renewable/clean energy space. Initially I thought a simple revenue share on net profit achieved per project, but I felt that left room for manipulation of num…
5
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Property Tax Exemptions and Capital Leases
Two part question: 1) It's been a LONG time since I've had to deal with Capital vs. Operating Leases, but I have a colleague who owns property, is considering leasing it and is looking at different ways of structuring the lease. I have dealt with capital leases as the entity acquiring the proper…
4
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How user friendly do you find the new U.S. GAAP codification?
I still go back to the original U.S. GAAP standards all the time as I find the FASB codification confusing. How user friendly do you find the new U.S. GAAP codification? Do share your experiences.
2
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New GAAP Codification
How is everybody coping with new U.S. GAAP codification? I am sure it would take some time before we all get used to the new numbering. Do share your experiences with me. I am posting the link for a 2 page simple guide, which would help you with transitioning to US GAAP codification. http://ugaa…
8
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Will SEC/FASB give away U.S. GAAP for IFRS?
SEC has a road map which would allow the U.S. to implement IFRS sometime in 2014. Will SEC/FASB give away U.S. GAAP for IFRS? What are your thoughts on IFRs vs GAAP?
2
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Rev rec for web-based data access services
We offer a web-based service which is akin to online yellow pages. Our customers sign a non-cancelable 12 month contract for the service and we keep the website up and running to provide their data to our end-users. They do not pay per click, it is purely a listing service and the end-users can …
4
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Revenue Recognition for Construction Contracts
Revenue Recognition has been a hot button issue for my company recently and the methods used in construction can vary greatly from those accepted in other industries. The preferred methods are: Percent Complete, which is computed using estimates of the ending gross margin of the job. As costs ar…
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