When a lender and a borrower agree on a loan, several accounting methods can be agreed upon for repayment. Also, several legal mechanisms can be used to put terms of the agreement in writing. One ...

When the US accounting standard setter announced in December that it would follow its international counterpart and shift the gains and losses from banks' own credit spread movements – known as debit ...

In business accounting, notes receivable are promissory notes that represent an asset. These promissory notes are either short-term or long-term and should be recorded on the balance sheet differently ...

Here’s a classic dilemma for agencies: When the cost of a new project is underestimated, agency managers may have to drop aspects of the program, reassess targets, slow down timetables or even ask the ...

The Accounting Review is the premier journal for publishing articles reporting the results of accounting research and explaining and illustrating related research methodology. The scope of acceptable ...

ADVISORS HAVE URGED CAUTION as the government confirmed that it will introduce cash accounting for small, unincorporated businesses from April 2013. The latest note, buried in the Treasury’s Autumn ...