Internal Control Checklist/Questionaires/Assessment On General Accounting

Tweet General · Procedures and policies should be established for general accounting and month end reporting.   Monthly Reports · Month-end reporting requirements and their due dates should be clearly communicated. · Monthly management accounts and reports should be reviewed by senior management. · Foreign currency transactions and balances should be translated at approved rates. […]

Valuation Of Goodwill By The Arbitrary Assessment Method

Tweet Valuation Of Goodwill By The Arbitrary Assessment Method In this Arbitrary Assessment Method either the purchaser or seller or both parties may estimate the value to be placed on the goodwill This method normally applies in situations where the profits cannot be used as a guide to future profit like in cases where: No […]