A Comparative International Analysis of the Impact of Accounting Principles on Profits: The USA versus the UK, Sweden and The Netherlands This paper explores the extent to which there are material quantitative differences in profits reported under US GAAP compared to profits reported in accordance ...
The FASB has issued a proposed ASU, "Principal Versus Agent Considerations (Reporting Revenue Gross Versus Net).” The amendments, which are being proposed in response to feedback received by the FASB–IASB joint revenue recognition transition resource group, intend to clarify certain guidance relat...
The AICPA’s Financial Reporting Executive Committee (FinREC) sent a commentletterto FASB stating concerns about operational challenges that could be triggered by Proposed Accounting Standards Update (ASU),Consolidation (Topic 810)—Principal Versus Agent Analysis. FASB issued the ProposedASUon Nov. 3....
In China,the village accounting principal-agent system has two modes: one is the "village accounting by township agent"mode that is a representative practi... FU Li-Ying,YC Yang,SO Accounting - 《Collected Essays on Finance & Economics》 ...
An Agent is a person who has been legally granted the power to act in the position of another person or cooperation. An agent can be used to represent a client in dealing with agreements and other businesses with a third party such as decision making....
an analysis of the principal-agent problem(委托代理问题的分析) An Analysis of the Principal-Agent Problem Author(s): Sanford J. Grossman and Oliver D. Hart Source: Econometrica, Vol. 51, No. 1 (Jan., 1983), pp. 7-45 Published by: The Econometric Society Stable URL: /stable/1912246 Ac...
FINANCIAL INFORMATION REGARDING SALT LAKE CITY, UTAH FUND STRUCTURE; ACCOUNTING BASIS The accounts of the City are organized on the basis of funds, each of which is considered to be a separate accounting entity. The operations of each fund are accounted for by providing a separate set of self...