What is a “grant date”?

Q: How is a gain contingency reported?

A: Gain contingencies: The excess of book value over the amount to be received is actually gain…

Q: Explain the Service Projects versus Revenue Projects?

A: The project is the collaborative effort initiated to achieve a certain objective within a certain…

Q: What is physical life of project?

A: Physical life of a project is the duration of time in which the project has been fully used and…

Q: Explain renewal probability?

A: Answer: Renewal probability is nothing but the average percentage of renters in a building that is…

Q: Define the term investment pool?

A: Answer: Investment pools are noting but an institutional entities that are pooled investment…

Q: Define Effective interest method.

A: Effective interest method: It refers to the method of accounting that is usually used for the…

Q: Give an example of an IFC Investment.

A:

Q: What is a prior-period adjustment?

A: Statement of retained earnings: This is a financial statement that shows the amount of net income…

Q: What is interest pooling and when is it appropriate?

A: Introduction : Pooling of interests is an accounting technique that allows for the consolidation of…

Q: What is pooling of interests and when can it be used?

A: Pooling of interest is an accounting method by which the consolidated entry of assets and…

Q: Define regular interest

A: The investment in securities like bonds, investors receive interest which is either accrued or…

Q: what is pooling of Interest Method?

A: The accounting method that governed how the balance sheets of two companies that were merged would…

Q: How are research and development expenses treated?

A: Research and development(R&D) expenses: These  are the expenses which an entity incurs in…

Q: What is the amount of the plan assets available to pay benefits? What are the factors that can cause…

A:

Q: Create a chart reflecting the convention payback period?

A: The chart is presented below:

Q: What is horizon date?

A: The sum of growth rate (capital gains yield) and dividend yield is the rate of return on equity. The…

Reasons for Estate Planning

Planning is a process that helps decide in advance about future activities and operations. Planning helps to draft the procedures by identifying, analyzing, and designing how to work, when to work, by whom should be done, and what has to be done. It is the primary step followed by a person, business organizations, institutions, companies, etc.