Introduction To SaaS Accounting

DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their...

Statement of Financial Position Example Format Definition Explained

Instead, it contains three sections that report cash flow for the various activities for which a company uses its cash. The company’s balance sheet can evaluate as the statement of financial position for the financial year ending on December 31, 2021. More broadly,...

What Is A Prepaid SIM Card

However, the Serve Pay As You Go Visa prepaid card has no monthly usage fees – cardholders instead pay a small fee per transaction. The most common reasons for having a prepaid debit card are convenience and budgeting purposes. For example, money can be loaded onto...

Realise or Realize What’s the Difference?

Some events are very obvious for example exchanging cash for a product or service. And some events are less obvious like an uninsured business loss from flood damage, losing a lawsuit, etc. These events are often missed in financial reporting because they do not...

Bond Discount with Straight-Line Amortization

The discounted price is the total present value of total cash flow discounted at the market rate. The difference between cash receive and par value is recorded as discounted on bonds payable. The unamortized amount will be net off with bonds payable to present in the...