Enterprisewide Disclosures

Advanced financial accounting a PowerPoint presentation. In this presentation we will discuss enterprise wide disclosure, get ready to account with advanced financial accounting. enterprise wide disclosures established by ASC 280 standards provide users more information about the company’s risks generally made in a footnote to the financial statements. First category of required information to include under ASC 280 is information about products and services so information about products and services disclosure related to them. Companies are generally required to report revenues from external customers for each major product and service or each group of similar products and services. Unless doing so is not practical. primary reason for this is that the company could have organized its operating segments on a different basis from the organization of the entities product lines. So we’ve got then again, companies are generally required to report revenues and external customers for each major product and service. You might be saying, hey, well, they already have the segment’s reporting. But it’s possible that those two things don’t exactly line up in the way they put the segment reporting together and therefore, you know, you have this requirement. second category of required information to include under ASC 280 is going to be related to geographic areas information. The following needs to be reported unless it would be impractical to do so. revenues from external customers attributed to the company’s home country of domiciled revenue from external customers attributed to all foreign countries in which the enterprise generates revenues.

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Enterprisewide Disclosures

Advanced financial accounting a PowerPoint presentation. In this presentation we will discuss enterprise wide disclosure, get ready to account with advanced financial accounting. enterprise wide disclosures established by ASC 280 standards provide users more information about the company’s risks generally made in a footnote to the financial statements. First category of required information to include under ASC 280 is information about products and services so information about products and services disclosure related to them. Companies are generally required to report revenues from external customers for each major product and service or each group of similar products and services. Unless doing so is not practical. primary reason for this is that the company could have organized its operating segments on a different basis from the organization of the entities product lines. So we’ve got then again, companies are generally required to report revenues and external customers for each major product and service. You might be saying, hey, well, they already have the segment’s reporting. But it’s possible that those two things don’t exactly line up in the way they put the segment reporting together and therefore, you know, you have this requirement. second category of required information to include under ASC 280 is going to be related to geographic areas information. The following needs to be reported unless it would be impractical to do so. revenues from external customers attributed to the company’s home country of domiciled revenue from external customers attributed to all foreign countries in which the enterprise generates revenues.

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Measurement Period and Contingent Considerations

In this presentation, we will discuss measurement period and contingent considerations within an acquisition process, get ready to account with advanced financial accounting. At this point with the discussion of the acquisition process, you’re probably thinking, Okay, I kind of see how this fits together. I’ve see how this works. But logistically, it could still be a little bit tough. If you were to apply this in practice, you’re probably saying, Hey, there could be some problems. In practice. If we were to apply this out. For example, if we’re saying, okay, we’re going to revalue the assets and the liabilities. And we’re going to value the consideration we’re going to make a comparison of the value of the assets and liabilities to the consideration that’s being given for the company that in essence is being acquired in the acquisition process. Well, then what about that valuation process? That’s going to be difficult because how do we revalue the assets and liabilities because normally, when you value something, you value it from a market perspective, which means there’s actually a transaction a sale that’s taking place. So note obviously that valuation process is going to be somewhat of a tedious process for us to go through and revalue. And how long do we have for that to take? I mean, if this isn’t happening basically instantly with regards to this process, this is going to be taking some time.

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