❖TheCICPAsetstherequirementsforbecomingaCPA,administerstheCPAexamination,developsauditingstandards,andisresponsibleforthecodeofprofessionalethics.FINANCIALREPORTING 1.Conception概念 ReactFinancialposition,resultsofoperations,cashflows 2.Component组成部分 1.Financialstatements2.Notestofinancialstatements 3.Precautions注意...
not for any reason.On no account must you open that door.bajo ningún concepto take (something) into account,take account of (something) to consider (something which is part of the problemetc).We must take his illness into account when assessing his work.tomar en consideración,tener en cu...
Compute the total overhead cost applied to Job 205.What would be the total cost recorded for Job 205? If the job contained 50 units, what would be the unit product cost? What was the amount of underapplied or overapplied overhead in each department at the end of the year? 财务解题 31...
Home›Accounting Dictionary – U Terms and Definitions Shaun Conrad, CPA Accounting & CPA Exam Expert Shaun Conrad is a Certified Public Accountant and CPA exam expert with a passion for teaching. After almost a decade of experience in public accounting, he created MyAccountingCourse.com to help...
Therefore, documentation is supplemented with inventorying (computation in physical units of economic assets and the sources of their formation). Full inventorying encompasses all assets and their sources. Partial inventorying affects one type of economic asset or its sources. Documentation and inventor...
For example, if a company sells 5,000 units of Product X, it should report the cost of the 5,000 units on the same income statement as the sales revenues. (Since thecost of salesmay be 60% of the sales amount, it is imperative for thecost of goods soldto be calculated accurately....
(SL)工作量法 Units-of-production method (UOP)加速折旧法 Accelerated depreciation method双倍余额递减法 Double-declining balance method (DDB)年数总和法 Sum-of-the-years-digits method (SYD)以旧换新 Trade in经营租赁 Operating lease融资租赁 Capital lease廉价购买权 Bargain purchase option (BPO)资产负债...
and those 100 unreplaced units cannot be replaced for $65.50 per unit. An objective estimate of their replacement cost at year end is the year-end cost of $73 per unit, which represents an additional $7,300 for those 100 unreplaced units. Based on observable facts, then, a better estima...
Author: Harold Averkamp, CPA, MBA Form Description The units-of-activity method, which is also referred to as the units of production method, matches more of an asset's cost to the accounting period in which there is more use of the asset. You will be guided to finding the depreciation...
• 1,600 units Question 2 Aaron Supplies Limited has a small factory, where it produces four steel products for the construction industry: beams, fence posts, brackets, and lintels. Production is planned according to demand, and the company has seen demand increase. When production is planned...