Inventory Audit Method
Jennifer edwards Inventory audit methods are common in those businesses or firms where inventory is treated as a form of asset and an annual auditing of inventory is done every year. The…
Above the Line Deduction
The above the line deduction is a kind of tax deduction that reduce the adjusted gross income of an individual or a business entity. Example of Above the Line Deduction…
Ability to Pay Taxation
Ability to pay taxation is a kind of tax that is often assessed on the ability to pay the tax of the tax payer. Example of Ability to Pay Taxation…
Abatement
Abatement can be defined as a reduction in the tax rate or tax liability that is applied to an individual or a business entity. Example of Abatement The major and…
Accounting of Dollar Value LIFO Method
The dollar value of LIFO method is an inventory method that is a minor variation of the Last In and First Out method of inventory costing. With the help of…
Concept of Stake Holder Value
Stake Holder value is an accounting concept that is based on the idea of creating maximum returns for all the stake holders involved in a business. Concept of Stake Holder…
Calculation of Bond Yield
Bond Yield can be defined as the amount of the return that an investor or a bond holder is going to enjoy on its bonds. Types of Bond Yields There…