Search results
Results from the WOW.Com Content Network
Aug. 14—The latest audit for Pulaski County Fiscal Court — covering the 2019-20 fiscal year — doesn't show much improvement over the one released last December. The county only reduced the ...
IAS 37 establishes the definition of a provision as a "liability of uncertain timing or amount", and requires that all the following conditions be fulfilled before a provision can be recognized: the entity currently has a liability as a result of a past event; an outflow of resources is likely to be needed to settle the liability; and
In addition to accruing the tax, FIN 48 requires disclosures in footnotes to the financial statements. Year end statements must include: A tabular reconciliation of unrecognized tax benefits, The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate, Total interest and penalties recognized in the ...
In financial accounting under International Financial Reporting Standards (IFRS), a provision is an account that records a present liability of an entity. The recording of the liability in the entity's balance sheet is matched to an appropriate expense account on the entity's income statement .
For premium support please call: 800-290-4726 more ways to reach us
Pulaski Financial Reports 45% Increase in Third Fiscal Quarter EPS Current Versus Prior Year Quarter Highlights Earnings growth Diluted EPS $0.29 in 2013 versus $0.20 in 2012Annualized return on ...
The asset is depreciated, usually straight-line, over 40 years (depreciation expense of $32.06 per year). The liability is accreted (interest for each period is calculated and added to the balance), using the interest method. (Accretion expense would be $115.41 the first year, $125.79 the second year, etc.)
For premium support please call: 800-290-4726 more ways to reach us