not for profit accounting guide
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not for profit accounting guide

The accounting income follows the historical cost principle and the matching principle, which is conducive to the objective reflection of the business management responsibility of the enterprise management authorities. But, due to the historical cost principle inherent defects, especially according to the present value of revenue and expenses by historical cost line, makes the calculation of accounting earnings lack of inner logical unity, and the matching principle is difficult to carry out, so that the book value of assets can not reflect its real value, cost cannot be fully compensated. And the economic benefit is measured in the current value, which reflects the actual value of the asset, which is beneficial to the full compensation of the cost. 1. Enterprise income tax With the expansion of the global economy, Mr Trump may hope that tax cuts and deregulation will spur enough growth and create enough jobs that he will boast about. A 2 per cent potential growth rate does not necessarily help his blue-collar base, but it could at least push the stock market to its highest ever level. Although, of course, including republican all mainstream economists agree that, regardless of his policies, potential growth rate will remain at about 2%, still trump will claim that the U.S. economy can grow at 4%. In such a simple deal, the details and considerations of the plan have exceeded what many traders can do in real deals. Therefore, it is not difficult to understand why so many people lose money in the foreign exchange futures market. Is one of the more common usage refers to various enterprises independent, non-profit organization (can be legal person, also can not), and can be further divided into companies and enterprises, the latter such as partnerships, sole proprietorship enterprise, individual industrial and commercial households, etc. The orderly performance of the market ensures equal competition and fair trade, protecting the legitimate rights and interests of producers and operators and consumers.