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Fixed Assets Management: What You Need to Know
When managing fixed assets, you must follow Generally Accepted Accounting Principles (GAAP) for financial statement reporting, and you must follow the IRS tax

generally accepted accounting principles  assets, you must follow Generally Accepted Accounting Principles (GAAP) for financial statement reporting, and you must follow the IRS tax codes and regulations for income tax reporting. Each has its own set of rules and requirements. This e-book explains the differences between GAAP principles and IRS regulations for fixed assets management, and provides a list of best practices to follow. Read More...
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Documents related to » generally accepted accounting principles


An IFRS Fable: The Company That Waited Too Long
Many US companies find themselves acting like “Wait-and-See, Inc.” They interpret the switch from US Generally Accepted Accounting Principles (GAAP) to IFRS as

generally accepted accounting principles  the switch from US Generally Accepted Accounting Principles (GAAP) to IFRS as a matter of compliance rather than an opportunity to become more globally competitive by improving key internal processes. But transitioning to IFRS offers many benefits beyond compliance. Find out what those benefits are, and how your company can harness them. Read More...
Top 10 Ways the Transition to IFRS Will Impact Your ERP System
GAAP, or Generally Accepted Accounting Principles, have long defined the standards for accounting and related practices in the US. GAAP ensures that companies

generally accepted accounting principles  System GAAP , or Generally Accepted Accounting Principles, have long defined the standards for accounting and related practices in the US. GAAP ensures that companies can produce documents that auditors can verify according to standardized accounting practices. GAAP is also important because it provides for consistency across industries and companies. A company using GAAP can have its financials compared with similar GAAP-compliant companies. IFRS , or International Financial Reporting Standards, is a Read More...
Managing the Multicompany Corporation
For multi-organizational enterprises, generally accepted accounting principles (GAAP), Sarbanes-Oxley (SOX), and International Financial Reporting Standards

generally accepted accounting principles  Corporation For multi-organizational enterprises, generally accepted accounting principles (GAAP), Sarbanes-Oxley (SOX), and International Financial Reporting Standards (IFRS) have made everything from closing the books to daily management more complex. Learn how to manage the sales and financial components of your enterprise, including requirements for addressing differing currencies, taxation rules, and reporting. Read More...
Segregation of Duties and Its Role in Sarbanes-Oxley Compliance Issues
The Sarbanes-Oxley Act (SOX) requires publicly traded firms to demonstrate that their accounting and reporting practices are in compliance with regulatory

generally accepted accounting principles  (IFRS) and the US's Generally Accepted Accounting Principles (GAAP). In 2002, an accord known in financial industry circles as the Norwalk Agreement was struck. This agreement states that US-based companies' financial-reporting procedures are to be harmonized with the European standard by the end of 2008. The implementation of SOX for firms that import into and export out of the United States is yet another layer of compliance standards recently introduced. Table 1 lists several other audit control Read More...
The Certification of an ERP Accounting Package


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The 2011 Buyer's Guide to Accounting and Financial Software
Too often, finance professionals must contend with outdated financial and accounting systems that present spiraling overhead costs, functional limitations, and

generally accepted accounting principles  cloud accounting financial software,cloud accounting software,financial software,best cloud accounting software,custom accounting software,sun accounting software,cloud accounting,cloud financial software,financial software systems,financial management software,web based accounting software,business accounting software,business financial software,financial accounting software,cloud accounting software reviews Read More...
Sage 500 ERP 2013 and Sage 100 ERP 2013 Are Generally Available
On December 13, 2012, Sage North America announced the availability of Sage 500 ERP 2013 (formerly Sage ERP MAS 500). The product’s new features and

generally accepted accounting principles  100 ERP 2013 Are Generally Available On December 13, 2012, Sage North America announced the availability of Sage 500 ERP 2013 (formerly Sage ERP MAS 500 ). The product’s new features and enhancements, and new mobile and cloud services, aim to help midsize customers increase productivity, simplify processes, and reduce costs across their business. Enterprises can now save time navigating processes with Visual Process Flows, which demonstrate the steps of a process in visual terms, while also including Read More...
Accounting Software Checklist for Small and Midsized Businesses
Like the smb finance and accounting checklist from inside business finance.

generally accepted accounting principles  accounting software checklist small midsized businesses,accounting,software,checklist,small,midsized,businesses,software checklist small midsized businesses,accounting checklist small midsized businesses,accounting software small midsized businesses,accounting software checklist midsized businesses. Read More...
POLL: Is Cloud-based Accounting/Financial Software Right for You?
TEC is preparing a new Financial Packages Buyer’s Guide, and we’d like to hear your thoughts on cloud-based finance and accounting software. Your responses to

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BI Principles for Another Kind of Intelligence
Traditional business intelligence (BI) and analytics applications aim to support the decision-making process of a company. By analyzing large amounts of data

generally accepted accounting principles   Read More...
2011 Buyer's Guide to Accounting and Financial Software
Learn more about theadvantages of the new generation of finance and accounting systems in The 2011 Buyer's Guide to Accounting and Financial Software...

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Nonprofits and Public Sector: The Latest Hot Market
Many recent circumstances have rendered the nonprofit and public sector accounting markets a land of both opportunity and challenges.

generally accepted accounting principles  Board (GASB), FASB, and Generally Accepted Accounting Principles (GAAP), including creating detailed reports that adhere to the various pronouncements. These relevant organizations have many project-specific business and accounting requirements including the need to track costs and profitability on a project-by-project basis, to provide timely project information to managers and customers, and to submit accurate and detailed bills and invoices, often in compliance with complex industry-specific and Read More...

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