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Profit Sharing Journal Entry

What is profit sharing. You dont need more accounts. On the first distribution line in the Accounts field enter any account listed in the Chart of Accounts. Value of Goodwill of the firm is Rs 24000. The partnership agreement can specify a different capital-sharing ratio. Deferred profit sharing plans are employer-sponsored profit sharing plans in […]

Forensic Accounting Report Pdf

A forensic audit is an examination or inspection of a companys or organizations financial records to collect information in legal proceedings. Group on Education in Fraud and Forensic Accounting TWG is a diverse group of content area experts. An effective written report an essential mechanism for communicating procedures performed and results can be a key […]

Comprehensive Income Ifrs

These result from the translation of foreign subsidiaries balance sheet assets and liabilities at current exchange rates when consolidating the foreign subsidiaries financial statements. Components of OCI for full IFRS include. Other comprehensive income comprises items of income and expense including reclassification adjustments that are not recognised in profit or loss as required or permitted […]