Blog 24iValue

When you book accruals?

Publication date: 2013-03-13 00:00:34

Accruals are liabilities the due date or the amount of which are more certain than for provisions, Established...

When you need a provision for liability?

Publication date: 2013-03-11 00:00:17

Provisions for liabilities recorded when the payment date or amount are not certain (IAS 37 par. 7, 10) ,...

A trust in an accountant and the finances of your company

Publication date: 2013-03-05 22:05:40

Your company is like your child... You need to be not only very patient but also a conscious and carefull...

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...