Home » Archive for category 'What is Accounting?' (Page 3)

What is Accounting? Archive

US GAAP to IFRS Migration: Reframing the Debate

Posted April 12, 2010 By Narcisse

For a decade or so, there has been quite a lot of talk in the US about a possible transition from U.S. Generally Accepted Accounting Principles (GAAP) to International Reporting Standards (IFRS) with regard to U.S. publicly traded companies. Up to this point, most of the discussions on the subject have been about assessing the […]

3 Comments so far. Join the Conversation

As I explained in my previous post, accrual accounting is not an exact science. Indeed,¬† a variety of assumptions and accounting estimates is used in arriving at the final earnings figures. In assessing the health of a company, lenders and investors alike almost always look at the quality of its earnings first. However, it is […]

9 Comments so far. Join the Conversation

The Statement of Cash Flows Does Not Lie

Posted March 21, 2010 By Narcisse

From the date I graduated from college in May 2009 until a few weeks ago, I did not have¬† a single opportunity to accomplish any reading as it pertains to academic related accounting materials. I was indeed very tied up with completing the different components of the graduate school application process. Researching Master of Accounting […]

2 Comments so far. Join the Conversation

The pursuit of an accounting degree accounting is not your typical easy walk through the park. It requires a lot of determination reinforced with an attitude of never to be denied. As I went through college, I encountered quite a number of people who gave up on their dreams of becoming an accountant because they […]

1 Comment. Join the Conversation