accounting  tag questions

I am reviewing financial projects from a technology start up. They show the gross profit margin as high as 118%. In some years it is less than 100%. Is the...

We are would like to buy our first small business. The seller said that he is "open to an earn out." The company is a subchapter C corporation, but this iss...

We have an internal software development team. They develop new products, but they also maintain existing products. What costs get capitalized? Does all de...

Do companies reflect the market value of their assets on the balance sheet? If not, how are asset values shown on a company's balance sheet determined?

The contract is a 3 year contract with 3 one-year automatic renewals - payment for a full year due at the beginning of each year of the contract. The renewal pe...

I am doing a research paper on ExxonMobil and the methods their managers use for product costing. On ExxonMobil's SEC filings, they use Absorption costin...

We are working on an acquisition. My boss wants me to calculate the Return on Invested Capital (ROIC) for the target company. She does not want me to calcul...

We provide services to customers using a product sold by a company we are partnering with. We negotiated a contract where we provide those services at a red...

More particularly, when is IFRS used for accounting guidance and when is GAAP used? What are the regulatory implications?

We have a small consulting business. Our clients pay upfront for our services and we provide those services at the clients request sometimes in the same mon...

Selling annual software subscriptions. Customer pays full year upfront - subscription revenue recognized ratably over the year. Sales rep gets paid within 30 da...