Consolidated Revenuemeans for any period the total revenues of the Company and its Subsidiaries, determined in accordance with GAAP. Recurring Revenuemeans, with respect to any period and any Asset, the meaning of “Recurring Revenue”, “Adjusted Recurring Revenue” or any comparable definition in ...
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Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007; Gross Revenue means: CAIS...
debentures of the Company or any ofitsassociatedcorporations (within the meaning of Part XV of the SFO) [...] equitynet.com.hk equitynet.com.hk 除上文所披露者外,於最後可行日期,本公司董事、監事及高級管理人員及彼等的 聯繫人概無於本公司或其任何相聯法團(定義見證券及期貨條例第XV部)的股份、...
Deferred revenue could be payment of rent in advance or prepayment for a service, such as tax, subscription to a streaming service, and more. More examples of deferred revenues are advance rent, deposits for future services, service contracts, legal retainers, advance insurance, ticket selling, ...
Typical examples of deferred revenues include prepaid insurance policies, annual subscriptions to magazines and newspapers, and others. Once the product or the service is delivered and the order is complete, the firm debits the deferred account and credits sales account. These sales are then reported...
The meaning of INTERNAL REVENUE CODE is legislation governing federal tax law. The Internal Revenue Code was first enacted into law in 1939 as a compilation of U.S. statutes relating to internal revenue from 1862 to 1938 that were still in force in 1939.
Cash in the bank: This includes demand deposit, checking account, and savings account. Cash fund: Money set aside for current and small expenses such as petty cash fund and payroll fund.Now that the nuanced meaning of “cash” is clear, let’s talk about cash flow. ...
The article focuses on Revenue Ruling 2008-42, 2008-30 IRB 175, which explains the effect of nondeductible insurance premium payments paid by S corporation under the key-man policy on accumulated adjustments account (AAA). The meaning and the ruling on S corporation's AAA based on Rev. Rul...
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