Lastest Accounting News

3 Stocks With Encouraging Accounting Signals Insiders Believe In
Receivables: We screened for stocks with strong sales trends by comparing growth in revenue to growth in accounts receivable. Since accounts receivable is the portion of revenue not yet received and there is no guarantee the money will ever be received …
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AICPA FRF for SMEs Exposure Draft Available for Comment
The FRF for SMEs is another comprehensive basis of accounting (also known as a special purpose framework) which, when finalized, will offer small- and medium-sized enterprises a reliable, relevant, and simplified financial reporting solution that …

The Active Network: Accounting Problems Masking Functional Insolvency
Based upon our review – and that of an independent accounting expert – of FASB EITF Issue 99-19, we do not believe there is a basis for Active to mix gross and net revenues, as it is acting in differing capacities with clients, and facing different …
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