Bank Financial Statement – what is so different about them?
INTRODUCTION Financial statements are essential tools for assessing different entities’ financial health and operational performance. Yet, the bank financial statement differ significantly from those of regular manufacturing and service companies.
Pension Accounting – are your employees protected well enough?
INTRODUCTION In the ever-evolving landscape of corporate finance, pension accounting stands out as a crucial yet complex area that significantly impacts a company’s financial health and its employees’ future security.
Non-Controlling Interest – what’s consolidated but not due to us?
INTRODUCTION In the realm of corporate finance, non-controlling interest (NCI) plays a crucial role in understanding the ownership and financial dynamics between parent companies and their subsidiaries. Also known as
Mergers and Acquisition Accounting – did we pay more than we got?
INTRODUCTION Mergers and Acquisition (M&A) refer to the process where two companies combine (merger) or one company purchases another (acquisition). These intricate transactions can significantly affect a company’s financial statements.
Other Comprehensive Income (OCI) – what can move the net profit?
INTRODUCTION Other Comprehensive Income (OCI) is a critical element in financial reporting, encompassing specific gains and losses that do not contribute to net income. It provides a more comprehensive view
Stock Based Compensation – are you better off than paying in cash?
INTRODUCTION Stock based compensation (SBC), or equity compensation, is a method companies use to reward and incentivize their executives’ employees and directors by offering them shares of the company’s stock.
Operating Leases – can you own 1 asset but not buy it?
INTRODUCTION Operating leases are a common financial arrangement in which the lessee (user) rents an asset from the lessor (owner) for a specified period without the intention of ownership. This
Deferred Taxes – how do you manage to smoothen the tax burden?
INTRODUCTION One of the fundamental aspects of corporate accounting is the Deferred taxes and it plays a crucial role in how a company manages its financial reporting and tax obligations.
Segment Reporting – how to make big decisions at a granular level?
WHAT IS SEGMENT REPORTING? The main objective of any company is to increase its shareholders’ wealth and to achieve this objective many companies often engage in several business lines or
Form 10-Q : how did you do in the last quarter?
The federal securities law requires the domestic public companies to submit various reports to Securities and Exchange Commission (SEC) like Form 10-Q (quarterly reports), Form 10-K (annual report) and Form