The handling of prepaid expense deferrals and expense accruals will be consistent with the last nine fiscal years. General Accounting processes all prepaid expense deferrals and accruals for all of ...
In what amounted to an end run around Congress, President Trump signed a series of executive memorandums and an executive order on Aug. 8, 2020, to address issues left unresolved by the congressional ...
When President Trump issued an executive memorandum on Aug. 8, 2020 offering payroll tax deferral until the end of the year, a big question was whether the deferral — of the employee portion of Social ...
Accruals and deferrals in the accounting cycle involve the time at which income and expense entries are noted in their respective accounts. Accruals and deferrals occur only when a business uses ...
Generally accepted accounting principles, commonly referred to by the acronym GAAP, require companies to recognize revenues when they are earned and expenses when they are incurred. Because the timing ...
A legal basis has been established to allow a three-year deferral of the "mandatory periodic auditor designation" for companies with excellent accounting and audit governance. The first group of ...
SANTA MONICA, Calif.--(BUSINESS WIRE)--Activision Blizzard, Inc. (Nasdaq: ATVI) today announced better-than-expected and record fourth-quarter and full-year 2016 results. ** “Non-GAAP (redefined)” ...