While most of the goods or services sold are standardised, there might be cases where two companies enter into a construction contract. International Accounting Standard (IAS) 11 provides a framework...
Category: Tutorials
This accounting tutorial article provides a thorough explanation and analysis of what a bad debt expense is, what journal entry is made, and a look at provisions and recoverable amounts.A bad...
IAS 28 Investments in Associates and Joint Ventures outlines using the equity method of accounting when investing in associates. The first point we should consider is what is an "associate". Based on...
A good understanding of the accounting equation is a must for those studying accounting. Our article helps you through this with clear explanations and examples.
The break-even analysis assumptions are essential to understand as they help us understand the limitations and integrity of the decisions we base on the model.
Adjusted Present Value Calculator (APV) – Top Investment Appraisal
The Adjusted Present Value calculator (APV) is a way to determine whether raising debt to undertake a specific project will add value or, in other words, if it will result in positive cash flows....