Blog 24iValue

When should you create an impairment loss on receivables?

Publication date: 2013-03-09 00:02:31

Receivables are adjusted by provisions subject to probability of collection, The principle of prudent valuation...

When should you post the write-down for inventories?

Publication date: 2013-03-07 20:59:57

Provisions for inventories should be made as a result of impairment or as a result of valuation to net realisable...

Creativity in accounting

Publication date: 2013-02-18 21:39:35

There comes a time when you can not think of anything, the numbers refuse to be crunched as they should, your...

Is accounting a high risk profession?

Publication date: 2013-01-25 10:42:55

Many people believe that chief accountants lead a quiet, monotonous and stressfree working life where every day is...

Do you know that...?

Publication date: 2013-02-28 21:00:18

24iValue relies on tested audit techniques developed by the authors in over ten years of work with well-known...

System for testing of provision recognition criteria will be useful when...

Publication date: 2013-02-25 20:58:58

You are trying to find out how the three provision recognition criteria should be applied in practice; You have a...