What Is An NDEA? An NDEA is a non-accountable official The DoD Financial Management Regulation (DoD FMR) defines an accountable official (i.e., Departmental Accountable Official) as service members or civilian employees of a DoD Component who are pecuniarily liable for repayment of losses or deficiencies of public money. What does Ndea stand for in DTS?
What Is The Effective Date For ASC 606 For Private Companies? For private companies and NFPs, the effective date of FASB ASC 606 would be deferred by one year for annual reporting periods beginning after December 15, 2019, and interim reporting periods within annual reporting periods beginning after December 15, 2020. What is the effective
Does Tally Work On IPad? Can we run Tally on IPAD/ Tablet? Yes, Tally hosting on the cloud server provides you remote access feature that lets you to use Tally software on IPAD or Tablet. Can I use Tally in Mobile? Accessing Tally on mobile is as easy as installing an app on your mobile.
Which Of The Following Circumstances Most Likely Would Require An Auditor To Apply An Omitted Procedure After The Audit Report Issuance Date? Option (c) is the correct answer. An auditor most likely inquires about the entity’s legal counsel concerning litigation, claims, and assessments arising after year-end because it may arise after year-end but before issuance
How Many Chart Of Accounts Can A Company Code Have In SAP? One Chart of Account can be assigned to many Company codes i.e., Multiple company codes can either share the same or have separate COA. How many types of chart of accounts are there? There are two primary types of accounts in a chart
How Do You Account For Vehicle Purchases In Accounting? Debit asset/car by the amount cost of the car. Credit cash by the amount of down payment and notes payable-car loan by the amount of any borrowed money for the car. If no money is borrowed, then credit cash for the entire cost of the car.
How Much Does A CPA With An MBA Make? Accountants with both a CPA and an MBA tend to earn more than accountants with just one of those. The average salary for an accountant with a CPA and an MBA is $87,525 (across all levels of experience). The average salary for a CPA or MBA
What Is The Purpose Of Accounting Standards? Accounting standards ensure the financial statements from multiple companies are comparable. Because all entities follow the same rules, accounting standards make the financial statements credible and allow for more economic decisions based on accurate and consistent information. What is the purpose of the financial accounting Standards Board quizlet?
Who Has To Adopt IFRS? Adoption. IFRS Standards are required in more than 140 jurisdictions and permitted in many parts of the world, including South Korea, Brazil, the European Union, India, Hong Kong, Australia, Malaysia, Pakistan, GCC countries, Russia, Chile, Philippines, Kenya, South Africa, Singapore and Turkey. Why is it important to adopt IFRS? IFRS
What Are The Standard-setting Process? The FASB decides whether to add a project to the technical agenda based on a staff-prepared analysis of the issues. The Board deliberates at one or more public meetings the various reporting issues identified and analyzed by the staff. The Board issues an Exposure Draft to solicit broad stakeholder input.