Tag: bookkeeping
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Personal Accounting for Assets, Loans, Investments, and Property Ownership
This article explains a structured personal accounting approach for handling assets, loans, investments, and shared property when final amounts are uncertain. It focuses on accurate balance sheets, clean income statements, and reliable cash-flow reporting beyond basic budgeting tools.
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Accounting for Exchanged Assets (trade-in)
Summary of accounting for exchanged fixed assets or trade-in of assets concentrating on the exchange has or lacks commercial substance
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Lease Accounting
A quick and briefed summary about Lease Accounting from lessee prospective (IFRS not GAAP)
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Leases – Comprehensive Review
(this post is old – check my recent one) Leasing has grown tremendously in popularity. It’s growing as a way of capital investment. Leasing instead of borrowing. Instead of borrowing money to buy airline, a company leases it. Leasing is most popular in USA, but is growing globally also. The table indicates the estimated value…