In this article, we discuss six more advanced topics around translation. This paper underlines the need to open forums of debate for scientists and other stakeholders to raise the democratic legitimacy of the planetary boundaries framework. This paper argues that, while being scientifically informed, the planetary boundaries framework leaves decision-makers with critical choices and decisions that need to be openly debated. The KudoZ open glossary is a browsable glossary of terms translated via the
KudoZ term help network. To see our product designed specifically for your country, please visit the United States site.
A taxpayer’s basis in inherited property is the fair market value at the time of death. Events and transactions distinguished by their unusual nature and by the infrequency of their occurrence.Extraordinary items are reported separately, less applicable income taxes, in the entity’s statement of income or operations. (1) Procedures performed by underwriters in connection with the issuance of a SECURITIES EXCHANGE COMMISSION (SEC) registration statement. These procedures involve questions concerning the company and its business, products, competitive position, recent financial and other developments and prospects. Also performed by others in connection with acquisitions and other transactions. (2) Requirement found in ethical codes that the person governed by the ethical rules exercise professional care in conducting his or her activities.
Net Current Assets
(2) In finance, the amount determined by discounting the future revenue stream of an asset using COMPOUND INTEREST PRINCIPLES. METHOD OF REVENUE RECOGNITION which recognizes profits after costs are completely recovered. Generally used only when the total amount of collections is highly uncertain. Procedures used for rationally classifying, recording, and allocating current or predicted costs that relate to a certain product or production process. Measure of risk that errors exceeding a tolerable amount will not be prevented or detected by an entity’s internal controls. The excess of REVENUES over all variable costs related to a particular sales volume.
A CONTRA ACCOUNT used under the PERIODIC INVENTORY SYSTEM to accumulate CASH refunds, credits on ACCOUNT, and other allowances made by suppliers for unsatisfactory or incorrect MERCHANDISE that was originally purchased for resale. Discounts taken by merchants in return for prompt payment for MERCHANDISE purchased for resale. Major part of the registration statement filed with the SECURITIES AND EXCHANGE COMMISSION (SEC) for PUBLIC OFFERINGS. A prospectus generally describes SECURITIES or partnership interests to be issued and sold. Business owned by an individual without the limited liability protection of a CORPORATION or a LIMITED LIABILITY COMPANY (LLC). High/low range in which a stock has traded over a particular period of time.
FINANCIAL STATEMENT presentation in which the current amounts and the corresponding amounts for previous periods or dates also are shown. FINANCIAL STATEMENT comprising the accounts of two or more entities. Mixing ASSETS, e.g. customer-owned SECURITIES, with those owned by a firm in its proprietary law firm bookkeeping accounts. ACCOUNTANT who has satisfied the education, experience, and examination requirements of his or her jurisdiction necessary to be certified as a public accountant. Short-term (generally less than three months), highly liquid INVESTMENTS that are convertible to known amounts of cash.
Written communication issued by an independent CERTIFIED PUBLIC ACCOUNTANT (CPA) describing the character of his or her work and the degree of responsibility taken. A trial balance prepared after all adjusting entries have https://www.digitalconnectmag.com/a-deep-dive-into-law-firm-bookkeeping/ been recorded and posted to the accounts. Change in (1) an accounting principle; (2) an accounting estimate; or (3) the reporting entity that necessitates DISCLOSURE and explanation in published financial reports.
An amount of something produced, especially during a given period of time. A series of equal payments made at the end of equal intervals of time, with compound interest on these payments. Agreement, usually a written document, that sets out the rules by which a LIMITED LIABILITY COMPANY (LLC) is to be operated. It is the LLC equivalent of corporate BYLAWS or a PARTNERSHIP agreement. An incorporated organization which exists for educational or charitable purposes, and from which its shareholders or trustees do not benefit financially. Stock authorized to be issued but for which no PAR VALUE is set in the ARTICLES OF INCORORATION.
- Average of SECURITY or COMMODITY prices constructed on a period as short as a few days or as long as several years and showing trends for the latest interval.
- YIELD on a BOND assuming the bond will be redeemed by the ISSUER at the first call date specified in the INDENTURE agreement.
- Transactions involving financial instruments are generally accounted for on the trade date.
- Frequently, the franchise agreement grants strict supervisory powers to the franchisor over the franchisee which, nevertheless, is an independent business.
- New ASSETS invested largely in companies that are developing new ideas, products, or processes.
It includes assets being held for sale, those in the process of being made, and the materials used to make them. Single-entry systems account exclusively for revenues and expenses. Double-entry systems add assets, liabilities, and equity to the organization’s financial tracking. Examples include bank loans, unpaid bills and invoices, debts to suppliers or vendors, and credit card or line of credit debts. Rarely, the term “trade payables” is used in place of “accounts payable.” Accounts payable belong to a larger class of accounting entries known as liabilities.