Category: Bookkeeping

  • What Is Materiality In Accounting? Concept & Examples

    In the US GAAP, if some specific amount is not material, the company may decide not to comply with the provisions of specific accounting standards. The company can ignore the adoption of certain accounting standards if the adoption does not have a material impact on the financial statement user. Further, under IFRS, there is a…

  • What Are the Different Types of Preference Shares?

    Unlike bondholders, failing to pay a dividend to preferred shareholders does not mean a company is in default. Because preferred shareholders do not enjoy the same guarantees as creditors, the ratings on preferred shares are generally lower than the same issuer’s bonds, with the yields being accordingly higher. This is beneficial for the company if your…

  • Masler & Associates, Inc : Taxes, Accounting Irvine, Orange County

    The company operates virtually and has clients in 50 states from traditional and emerging industries. Its local accountants work with startups, companies needing basic support, businesses with more complex tax filing and planning requirements, and those expecting full-service support. The accounting packages offered at 1-800Accountant include matters like entity formation, year-round tax advisory, personal and…