Respond to the following in a minimum of 125 words:
What is an intangible Asset? What are some approaches to value an intangible asset? What are the useful life of intangibles?
Intangible asset is an non-physical non-monetary asset which is held for use in the production or supply of goods and services, or for rentals to others, etc.
There are three (3) major valuation approaches used to measure intangibles:
The useful life of intangible assets is the duration it contributes to your business’s value. For example, a copyright that lasts 10 years would have a useful life of 10 years.
Respond to the following in a minimum of 125 words: What is an intangible Asset? What...
Respond to the following in a minimum of 125 words: What is a bond? What types of bonds are there? How are bonds valued? What is the relationship that interest rates have in relation to bond values?
Respond to the following in a minimum of 125 words: What is depreciation? Discuss the various depreciation methods. What is the difference between depreciation, depletion and amortization.
Respond to the following in a minimum of 125 words: In what financial documents does an inventory valuation appear? How does the valuation method an organization chooses affect the final valuation figure. In what ways is that figure important to an organization?
Respond to the following in a minimum of 125 words: What are the accounting differences between cash and receivables from the perspective of a buyer? A seller? How does the accounting basis (cash vs. accrual) an organization chooses change these differences?
Respond to the following in a minimum of 125 words: What differentiates a current liability from a long-term liability? Share at least two examples of each. What are the differences in accounting for these two types of liabilities?
Respond to the following in a minimum of 125 words: Working capital assets are comprised of cash, accounts receivables, and inventory. Is one more important to manage than another? Why? Why not? Which of these are the most difficult to manage?
Respond to the following in a minimum of 175 words: What is a master budget? What are some of the underlying budgets that form the master budget? What is the budgeting process at your organization? Is it effective? Why or why not?
Due Friday Respond to the following in a minimum of 100 words: What are some methods of controlling inventory? Discuss controlling the various types of inventory such as finished goods, raw material and work in process.
Respond to the following in a minimum of 175 words: What are some of the key differences between financial and managerial accounting? How do these differences impact the type of information that must be gathered and reported? What are the different types of decisions that users of financial accounting information must make? What are the different types of decisions that users of managerial accounting information must make?
Respond to the following in a minimum of 175 words: Share, in your own words, the difference between the fair value and equity methods of accounting for investments. In what situations would an accountant use one method over the other? What drawbacks, if any, are associated with each method?