GAAP US Accounting Standards
GAAP stands for Generally Accepted Accounting Principles. US GAAP is about the Generally Accepted Accounting Principles in the United States. The Financial Accounting Standards Board (FASB). According to the US GAAP, accounting policies are those specific accounting principles and the methods of applying those principles that are judged by the management of the enterprise to be the most appropriate in the circumstances to present fairly financial position and results of operations in accordance with GAAP and that accordingly are adopted for preparing financial statements. When financial statements are presented, intending to be the fair financial position of the company, changes…
Read MoreIFRS International Accounting Standards Board
IFRS Foundation is an independent, non-profit private organization that has been working for public interest. The principal objectives of the IFRS Foundation is are to To develop a single set of high quality, understandable, enforceable and globally accepted International Financial Reporting Standards (IFRSs) with the help of a standard setting body, the International Accounting Standards Board (IASB). To advocate the use and stringent application of these standards To take into account the financial reporting needs of emerging economies and small and medium sized entities (SMEs) and To advocate and ease the adoption of IFRSs, being the standards and clarifications given…
Read More11 homework tips to excel in 2014
New year 2014 is here and the fun of New Year arrival will be over in few days time. Most students will have no other choice but to get back to their books and start preparing for your next semester or quarter. It is better to have a plan before hand for your study this year. And sticking to the plan is also very important. Make a realistic plan that you can stick and start tweaking with the plan, once you are very used to the plan. When you make a plan about your homework or study time, you are…
Read MoreBest Singapore University for MBA
Best Singapore University for MBA As an alternative to expensive education in the US, UK, Australia or New Zealand, the name Singapore has been popping up in recent times. Today, Singapore is not only a hub for business and technology, but it also emerging as a global destination for education. Though, the size of Singapore is small compared to other nations, yet it provides some of the best places of education comparable to its counterparts in the US, the UK and the likes. Top Universities offering MBA in Singapore Some of the best and top universities in Singapore offering MBA…
Read MoreTop 10 MBA Colleges in the US
Top 10 MBA Colleges in the US After completing their Bachelor’s Degree and after writing competitive exams for various colleges and Universities, most students would be confused as to which university should they be choosing for their MBA. Well, there are thumb rules that you can use. One of the things is to search online. While searching online, one can find that there are numerous colleges and universities offering MBA. This often confuses students to such an extent that most of the time they end up more confused than they initially were. But, when you search using the right and…
Read MoreChristmas Tree Decoration Ideas for students
Christmas Tree Decoration Ideas for students Christmas is fast approaching and most of you guys must be waiting to make this year’s Christmas something special and memorable. Well, here are few inexpensive, thrifty and frugal Christmas tree decorative ideas for you. If your room is full of those unwanted and “too lazy to throw away” kind of things use them for something creative like Christmas tree and decorative. Here are some Christmas Tree Decoration Ideas Old magazine Christmas tree: If your room is filled with some old magazines or newspaper, you can use them to make a Christmas tree. Cut…
Read MoreGeekiest Jokes Ever
Geekiest Jokes Ever “All work and no play makes Jack a dull boy!” We’ve heard this haven’t we? You must’ve read many blogs from us which more or less talk about subject. For a change, here’s a blog with jokes. Ahmm!! Jokes, only geeks and nerds can understand. Here are some intellectual jokes, which we hope will tickle your geeky ribs. I put a root beer in a square cup and now its just beer. Girlfriends of Programmers want their boyfriends (programmers) to have some class, but they don’t want to treat them like objects. How can you depict cell…
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