The LIFO reserve is the difference between the FIFO and LIFO cost of inventory for accounting purposes. Last in, first out is a method used to account for inventory that records the most recently produced items as sold first.
Find the right tool that can streamline accounting processes and provide visibility into inventory on-hand. …
An employer may grant you 1,000 shares on the grant date, for example, with 250 shares vesting one year later. That means you have the right to exercise 250 of the 1,000 shares initially granted. That’s when the employee no longer has the right to purchase company stock under the terms of the agreement. Non-qualified stock options are …
On-going environmental risk, that might have a high likelihood of causing ‘1’ or ‘2’ in the near-future. By quantifying the relative sensitivities for all work packages, and sorting them from largest to smallest, we can identify those work packages with the largest sensitivities, which are those to which the project …
If rated by NHTSA, they earn 4 or 5 stars overall or 4 or 5 stars in the front and side tests under the old rating scheme. All come with standard electronic stability control and have a curb weight greater than 2,750 pounds.
If you attend a participating public high school, are in the top 9% of your class, and take the required classes in …
However, if the seller doesn’t pay the tax, or is exempt from the tax, the buyer must pay the tax. For additional details on how to claim a new Real Property Transfer Tax (“RPTT”) exemption for transfers of real property subject to certain affordable housing restrictions, click here. With that background, we can now examine …
Having a standard revenue recognition guideline helps to ensure that an apples-to-apples comparison can be made between companies when reviewing line items on the income statement. Revenue recognition principles within a company should remain constant over time as well, so historical financials can be analyzed and reviewed for seasonal trends …