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    News and Articles on Accounting Concepts



    Japan wants yen to be the anchor of Asia  Aug 18, 2008
    of fundamental finance and accounting concepts. problems. (Yahoo News -- Asian Economy)

    The business case of IFRS in Indian context  Jul 18, 2008
    Therefore, audit committee awareness of concepts around fair value recognition and measurement, reflecting the substance of the arrangement and applying relatively more complex accounting concepts and models is likely to be low ... As compared to formal classroom-type training, a preferred approach in the Indian context would be for management to spend sufficient time in advance with audit committee members on key changes to accounting policies of the company and their implementation upon... (India Times)

    This Time It's Different  Apr 2, 2008
    We have failed to recognize that capital, at its heart, is merely an accounting concept, the result of subtracting liabilities from assets. The savings and loan crisis led us to believe that this accounting concept would tell us enough about an institution's underlying health that we could precisely calibrate our regulatory response. (Forbes)

    No youth movement just yet  Mar 6, 2008
    I understand the revenue management as a cash flow and accounting concept. However, price is one of the four major aspects of marketing and right now the ASG only seems to be looking at the accounting end of the equation not the marketing end. (Atlanta Journal-Constitution -- Sports)

    5 former insurance executives are guilty in fraud case  Feb 26, 2008
    Throughout the trial, including six days of deliberations, a jury of nine men and three women wrestled with complex, arcane accounting concepts. Today in Business with Reuters. (International Herald Tribune -- Business)

    Self Assessment - Do it yourself. By Simon Sweetman  Feb 18, 2008
    Well, the income/capital divide is an accounting concept, though it is one which differs substantially in accounting theory from HMRC's case-law oriented approach. Materiality is an accounting concept, but not a tax concept ... The time at which income should be recorded is and accounting concept and that (at least in theory) rules out the use of cash accounting, even though for many small businesses (and especially for property businesses with their regular expected receipts and bad debt... (Accounting Web, UK)

    Albert: Istanbul Talk  Dec 26, 2007
    Was the hardest thing to learn the accounting concepts, the idea of tracking all this stuff and keeping these records, was that the hardest thing. She said: No, that wasnt the hardest thing. (Zmag.org)

    SSAP 4 (Revised) Accounting for Government Grants. By Duncan Williamson  Jun 15, 2007
    Accounting ConceptsThe explanatory notes to the standard make special mention of two fundamental accounting concepts. the accruals concept. (Accounting Web, UK)

    Matt Krantz on stocks  May 14, 2007
    Sometimes it is easier to think of accounting concepts when you find the equivalent with personal finance. A company's revenue would be equivalent to a worker's gross income. (USA Today -- Money)

    Stiff sentence for Kenefick  Feb 28, 2007
    Kenefick had run Accounting Concepts in Lodi for years and then formed an investment business, with her husband named as a co-owner. They also ran a ranch that had been in the Kenefick family for more than a century. (Lodi News Sentinel, CA)

    Royalty bill will hobble SA mining - chamber  Feb 19, 2007
    The chamber said the definition of adjusted net cash turnover, proposed in the bill as a basis for determining the marginality of a mine, was problematic since it was defined in terms of accounting concepts. It said the bill should define net cash turnover in terms of taxable mining income, as calculated according to the principles emanating from income tax law. (Business Report, South Africa)

    Accused bookkeeper, husband testify against each other  Jan 27, 2007
    Kenefick, who ran Accounting Concepts in Lodi until last year, testified Thursday that she didn't exactly know how the money disappeared, and that many parts of the paper trail have vanished. She said part of the problems involved her husband, who began divorce proceedings in October, though marital problems had started earlier. (Lodi News Sentinel, CA)

    Trial begins for Lodi bookkeeper accused of bilking $890,000 from clients  Jan 19, 2007
    A total of six victims, plus several spouses, invested money through Kenefick, who they knew through her Lodi-based business, Accounting Concepts ... Her bookkeeping business, Accounting Concepts, had closed by the time charges were filed. (Lodi News Sentinel, CA)




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