Content Accounting Topics Statement of Cash Flows (SCF) Retained earnings Consolidated Statements of Changes in Stockholders’ Equity Dividends This statement presents the balance sheet items in detail and splits them into their sources (i.e., changes in shareholders’ equity). Any change in the Common Stock, Retained Earnings, or Dividends accounts affects total stockholders’ equity, and those […]

Content Accounting Information Systems: The Processes and Controls, 2nd Edition by What is the Meaning of Assertion in Audit? thoughts on “What is an Assertion? How Audit Assertions Relate to SOC Reports” What Are the Accounting Assertions? Audit Assertions Depreciation What are Audit Assertions? For example, notes payable transactions should never be classified as an […]

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Content Overview of California Taxes Where do you pay income tax for out-of-state work? Get to Know California Income Tax Brackets You’re our first priority.Every time. California Estate Tax states with the lowest personal income tax rates Research has shown that local sales tax increases are concentrated in California localities that have the largest pension […]

Content Activity Cost Driver Driver Target Definition Types Intensity Drivers Benefits and drawbacks of activity-based costing Accounting Topics Cost-cutting Cost drives application requires a thorough understanding of the cost functions. Otherwise, it would either be a selection of the wrong basis of allocation or an incorrect selection of process. The implicit driver option lets you […]