Accounting for Bonds Definition Bonds Payable is the promissory note which the company uses to raise funds from the investor ...
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Accounting for Convertible Bonds Convertible bond is a type of bond which allows the holder to convert to common stock ...
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Risk of Material Misstatement for Inventory Overview Risk of material misstatement for inventory is the probability that there is a ...
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Change in Accounting Policy What is Accounting Policy? Accounting policy is the principle, rule, and practice that company uses as ...
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Sufficient Appropriate Audit Evidence Overview Auditors have the responsibility to obtain sufficient appropriate audit evidence. In this case, we should ...
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Deviation from Internal Control Deviation from internal control is the situation when company designs internal control but it cannot manage ...
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3 Types of Audit Risk Audit risk is the risk that auditors give a clean opinion on financial statements that ...
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Assets Management Ratio Assets management ratio is the tool to measure company effectiveness and efficiency in using assets to generate ...
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Cost to Income Ratio Overview Cost to income ratio is the measurement that is used in the company in order ...
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Net Operating Assets Net Operating Assets are the company operating assets less operating liabilities. It is one of the methods ...
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Monetary Unit Assumption The monetary unit assumption is the accounting concept that only records the business transaction in monetary unit ...
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Expense Reimbursement Reimbursement is the payment that company pays to staff, customer and other parties to settle the expenses that ...
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