Seven tests for transfer of control to the customer under ASC 606 / IFRS 15. The new revenue recognition standard says revenue is recognized when control of a promised good or service transfers to the […]
The Statement: “The core principle behind this new revenue recognition standard is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration […]
Understanding the Difference Between Monthly and 3-3-3-4 Financial Calendars In financial planning and accounting, the structure of a fiscal calendar plays a crucial role in reporting, forecasting, and analysis. While many businesses operate on a […]
Please find below comprehensive breakdown of different 1099 reporting scenarios based on ERP go-live timing and approach: 1. Go-Live on the 1st Day of the New Year 2. Go-Live in the Middle of the Year […]
In today’s fast-evolving business landscape, staying ahead requires agility, collaboration, and a relentless focus on customer needs. Oracle’s Cloud ERP business exemplifies how open innovation can be a transformative force, driving faster time to market, […]
When selecting an FX rate vendor, it’s important to evaluate several key factors to ensure that the vendor’s services align with your organization’s needs. Here are the key considerations: 1. Accuracy and Reliability of Data […]
There are two main components of the cost of capital: In addition to debt and equity, some companies may also have other sources of financing, such as preferred stock or hybrid securities. The cost of […]
Examples of non-operating assets include:
ROIC, or Return on Invested Capital, is a financial metric used to evaluate the efficiency and profitability of a company’s investments in capital. It measures the return generated by the company’s investments relative to the […]
Capital expenditures (Capex), also known as capital investments or capital expenses, refer to the funds a company spends to acquire, upgrade, or maintain physical assets that are expected to provide long-term benefits or generate revenue […]
Enterprise Resource Planning and Integrations BlogSpot 