--%>
Assignment Help - homework help

Accounting estimate

Financial statements provide investors and analysts with information about a company’s ability to manage its financial transactions and build value in the organization. Accountants collect information to use when creating the financial statements. This information accommodates both actual dollar amounts and estimated amounts. Accounting estimate requires the accountant to determine what financial value to record when the actual amount is unknown.

 

 

 

   Related Questions in Financial Accounting

  • Q : Investment approach of Warren Buffet

    Investment approach of Warren Buffet: According to Benjamin Graham, the father of securities analysis, value investment was the only form of investment which means that purchasing a stock at less than its intrinsic

    		•
  • Q : Regions where uniform costing can be

    Write down the regions where uniform costing can be executed?

    		•
  • Q : Matlab Applications in Image and Video

    Image and video processing is most difficult topic in electrical and electronics field. This topic becomes trickier if you are taking use of Matlab in this. Student faces a lot of problem in image and video processing theories. If you are messed up with same difficulties

    		•
  • Q : Super Profit Method in Goodwill Super

    Super Profit Method: (Goodwill method): When a firm earns huge profit in comparison to normal profit (usually earned by other firms of similar industry) then the difference is termed as Super Profit. Goodwill is computed on the basis

    		•
  • Q : Define the term Accounts Payable

    Accounts Payable: It is an accounting entry which symbolizes an entity's obligation to pay off a short-term debt to its creditors. Accounts payable entry is found on balance sheet beneath the heading current liabilities. Accounts payable are frequentl

    		•
  • Q : What is Treasury bills What is Treasury

    What is Treasury bills? What did they do?

    		•
  • Q : Cash system and mercantile system what

    what is the difference between cash system of accounting and mercantile system of accounting

    		•
  • Q : Define the term Accounts Receivable

    Accounts Receivable: The money owed by customers (that is, individuals or corporations) to other entity in exchange for services or goods that have been employed or delivered, however not yet paid for. Receivables generally come in the form of operati

    		•
  • Q : State Net Profit State Net Profit in

    State Net Profit in brief?

    		•
  • Q : Explain the term Goodwill Explain the

    Explain the term Goodwill with espect to intangible asset?

    		•