GAAP refers to US accounting standards established by the Financial Accounting Standards Board. GAAP revenue recognition rules require revenue to be realized or realizable and earned before it can be recorded. These rules apply to accrual basis accounting and have been developed to prevent fraudulent or overinflated income statements. Generally Accepted Accounting Principles, or GAAP, […]
To teach letter recognition, use fun activities with materials at home. Make flashcards, play games, use magnetic letters, shape clay, write in shaving cream, and hunt for letters in newspapers and magazines. Engage children to become future independent readers. Letter recognition is the basis for developing the ability to read. To teach a child to […]
Parents can teach number recognition to children before kindergarten through hands-on activities that turn lessons into games. These include using modeling clay, file folder games, physical activity, and art projects. Learning numbers prepares children for future math concepts. Parents can teach a child number recognition before they even enter kindergarten using several hands-on activities. The […]
Determining if a rash is an allergic reaction can be difficult, as they are often localized. Hives can be mistaken for rashes, while diaper rashes are caused by moisture. Rashes that last for days or cover a large area should be examined by a healthcare professional. Determining whether a rash is simply a rash or […]
Donor recognition is how non-profit organizations acknowledge contributions made by individuals and entities. It can be a simple thank-you letter or a formal process, and is part of cultivating an ongoing relationship with donors. Non-profits rely on gifts and observe formalities to express appreciation. Donor recognition is typically managed by the development department, which sends […]
A stamp of approval is a custom stamp used to approve checks for bank deposits, saving time for businesses. They come in different sizes and ink colors, and there are three types: eraser, self-inking, and pre-inked. Choosing the best stamp involves finding one with enough custom lines and selecting the right stamp type and ink […]
Brand recognition is the goal of marketing and business, with familiar names leading to increased revenue and customer loyalty. Advertising in various mediums and creating memorable ads are key, as well as investing in sufficient advertising space. In marketing and business, a “brand” is a company name or the name of things produced or offered […]
IFRS accounting principles differ from GAAP and allow for different income recognition. Tips for IFRS entry recognition include non-amortization of certain entries, recognizing entries on partial contracts, and using the finalization percentage for construction projects. Companies must be careful to inform multiple element contracts and follow specific accounting regulations for construction projects. The International Financial […]
- 1
- 2
