Fund accounting is a specialized system used predominantly by non-profit organizations, government entities, and other public sector institutions. Unlike commercial accounting, which focuses on...
Category: Accounting Tutorials
Introduction to Construction AccountingConstruction accounting differs from typical business accounting due to the long-term nature of construction projects, the complexity of contracts, and the...
Accounting for Free Assets Received Under IFRS: A Comprehensive Tutorial
IntroductionIn an increasingly interconnected world, businesses occasionally receive assets at no cost. These "free" assets can come from various sources, such as government grants, donations, or...
The Accounting for Equity Issuance Costs: A Comprehensive GuideEquity issuance is a crucial process for companies looking to raise capital by issuing shares to the public or private investors....
Introduction to the Yen Carry TradeThe Yen Carry Trade is a financial strategy used by investors to borrow funds in a low-interest-rate currency, such as the Japanese yen, and then convert those...
Grants are a common source of funding for many organizations, including nonprofits, governmental entities, educational institutions, and even for-profit businesses. Accounting for grants can be...