Prepaid Expenses Intangible Assets

What Is An Asset (Financial Accounting Series) - YouTube
In this financial presentation I discuss what assets are, define the term asset and also list common asset accounts. Some asset accounts are cash, accounts receivable, investments, inventory, prepaid expenses, long term investments, capital assets, intangible assets and other assets. ... View Video

Talk:Double-entry Bookkeeping System - Wikipedia, The Free ...
E.g. Bank, Sharma Traders etc. iii.)Representative: all the expense O/S or prepaid, revenue in advance or accrued. Where is this information coming from? Are there "Assets, Expenses, and Drawings They can include investments or intangible assets, such as goodwill or patents. Fixed ... Read Article

Chapter 1
Auditing Prepaid Expenses Other assets that provide economic benefit for less than a year are classified as current assets. Prepaid expenses are a common other asset. Prepaid Insurance Auditing Intangible Assets Substantive Procedures ... Fetch Document

Intangible Assets And Goodwill - Belk College Of Business
Intangible Assets and Goodwill Lindsay Bachner Intangible Asset vs. Goodwill US GAAP zPrepaid assets relating to pension and other post-retirement benefit plans zAny other current assets zGenerally, the excess remaining is recognized as an ... Fetch Doc

Company Balance Sheet Date The company has the following general ledger accounts that will be classified in the prepaid, deferred charge, intangible, or other assets captions of the balance sheet. ... Fetch Here

Oxygen Biotherapeutics Reports Second Quarter FY2013 Financial Results
Oxygen Biotherapeutics, Inc. , a development stage biomedical company focused on developing oxygen-rich intravenous and topical products, today announced results for the three and six months ended October 31, 2012. ... Read News

The operation of the client’s business Operational use and normal life of greater than one year distinguishes these assets from inventory, prepaid expenses, the difficulties in auditing intangible assets Explain the importance of and the audit processes for prepaid expenses ... Access Document

Versatile Systems Inc.
Prepaid expenses 4,472,890 4,152,994 Inventory Intangible assets with indefinite useful lives and intangible assets not yet available for use are tested for impairment at least annually, and whenever ... Access This Document

OTHER ASSETS AND LIABILITIES - FDIC: Federal Deposit ...
Common miscellaneous assets are described below. Prepaid Expenses . Prepaid expenses are the costs that are paid for goods and intangible assets resulting from a business combination, such as core deposit intangibles, purchased credit card ... Read Full Source

Other Assets (and Other Liabilities) - OCC: Home Page
Intangible assets as separate line items on Call Reports. The FFIEC’s Instructions for Preparation of Consolidated Reports of Condition and Income contain prepaid expenses, accrued interest on securities purchased, and repossessed personal ... Read More

Cubic Corporation Reports Financial Results For Fiscal Year Ended September 30, 2012
Cubic Corporation today reported higher sales and earnings for the fiscal year ended September 30, 2012. Sales in fiscal year 2012 were $1.381 billion, an increase of 7 percent over sales of $1.296 billion ... Read News

Balance Sheet Analysis - Understanding The Balance Sheet
Prepaid Expenses and Other Current Assets 12. Current Liabilities 13. Working Capital 14. Working Capital Per 17. Quick Test Ratio 18. Long Term Investments 19. Property, Plant and Equipment 20. Intangible Assets 21. Goodwill on the Balance Sheet 22. Deferred Long-Term Asset Charges 23. Long Term ... Read Article

Streamline Health® Reports Improved Income And EPS For Third Quarter 2012
ATLANTA, Dec. 14, 2012 /PRNewswire/ --  Streamline Health Solutions, Inc. (NASDAQ: STRM), a leading provider of enterprise content management, business analytics, computer assisted coding (CAC), and clinical ... Read News

Note 13: Goodwill And Intangible Assets
We test intangible assets for impairment when events or changes in circumstances indicate that their carrying value may not be recover- prepaid expenses and other items 7,390 3,792 Accrued interest receivable 894 879 Due from clients, dealers and brokers 592 399 ... Retrieve Here

The Balance Sheet - Gatton College Of Business And Economics ...
Inventory back to cash Typical Current Assets Cash Short-term investments Accounts and notes receivables Inventories Prepaid expenses Cash All cash on hand and on deposit Readily available for current use Measured in U.S. dollars Plant & Equipment Intangible Assets Other ... Read Here

SU 18: Liquidity, Capital Structure, And Solvency
Total assets – Prepaid expenses – Intangible assets - Total liabilities - Par value of preferred stock a) EXAMPLE: $390,000 + $610,000 Current Year = $1,800,000 – $10,000 – $5,000 – ($390,000 + $610,000) – $120,000 = $1,000,000 = 1.504 ... Access Full Source

ASSETS
Prepaid expenses and other current assets 48,162 18,752 Foreign exchange derivative Intangible assets, net 152,851 160,706 Total assets $ 1,899,238 $ 1,714,849 LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Accounts ... Access Full Source

Intermediate Accounting, Eighth Canadian Edition
Intangible Assets Prepared by: a tangible asset and as a long-term liability Leaseholds and Leasehold Improvements Lease prepayments are reported as prepaid expenses, not as intangible assets Leasehold improvements are improvements made by the lessee to the leased property These leasehold ... Document Viewer

Accounting Standard (AS) 26 (Revised 20XX) - ICAI
Intangible assets may experience significant and volatile movements in fair value, thus necessitating annual revaluation. Such frequent revaluations are the revised standard clarifies that in respect of prepaid expenses, recognition of ... View Full Source

Audit Program For Prepaid Expenses And Other Assets
For prepaid expenses and other assets. Modification to the auditing procedures listed If intangible assets are material to the overall financial statements, perform the following procedures: a. For intangible assets acquired from others, examine ... Content Retrieval

Analyzing A Balance Sheet - Investing For Beginners
Prepaid expenses on the balance sheet represent a current asset because the company still has the right to receive the product or service for which it has paid. Intangible assets on the balance sheet represent items such as patents, rents, ... Read Article

ACC 291 Final Exam (University Of Phoenix) - YouTube
Intangible assets 4) Intangible assets are the rights and privileges that result from ownership of long-lived assets that 5) The book value of an asset is equal to the There has been an increase in prepaid expenses of $16,000 during the year, ... View Video

Chapter 12: Intangible Assets - Wiley: Home
Chapter 12: Intangible Assets Prepared by Krishnan Ranganathan, Angelo State University, periodic cash payments Leaseholds Lease prepayments are to be shown as prepaid expenses, not as intangible assets Leasehold improvements (made by the ... Retrieve Doc

Chapter 1
Auditing the Financing/Investing Process: Prepaid Expenses, Intangible Assets, and Property, Plant, and Equipment Book Antiqua Default Design 1_Default Design Microsoft Office Excel Worksheet Chapter 14 Balance Sheet Other Assets Auditing Prepaid Expenses Inherent Risk Assessment ... Retrieve Document

Chapter 1: Financial Accounting And Standards - Wiley: Home
Intangible Assets Intangibles: Characteristics CICA Handbook, periodic cash payments Leaseholds and Leasehold Improvements Lease prepayments are to be shown as prepaid expenses, not as intangible assets Leasehold improvements ... View Doc

Prepaid / Accrued Expenses - AuditNet: Knowledge Is Power ...
Other Prepaid Expenses, Deferred Charges, Intangible Assets, Etc.: 17. Obtain and check (or prepare) schedule of other significant prepaid expenses, deferred charges, intangible assets, etc., and reconcile with general ledger. 18. ... Read More

IRS Issues Final Regs - Jones Day | Home
And distinct intangible assets, but also for any expense that pro-duces significant future benefits. prepaid expenses; (3) memberships and privileges; (4) licenses, permits, and intellectual property rights granted by the government; and ... Read Document