Remove Assessment Remove Association Remove Free Remove Liability
article thumbnail

GAAP accounting for Insurance Companies

Coreaxis

In addition to revenue recognition, GAAP also provides guidance on the measurement of insurance liabilities. The estimation of these liabilities involves complex actuarial calculations and requires insurance companies to make assumptions about future events, such as mortality rates, accident rates, and medical costs.

article thumbnail

Lease Accounting 101: Everything You Need to Know

Coreaxis

It helps in assessing the leverage and liquidity of a business, as lease liabilities can affect key financial ratios and debt covenants. The main principles include lease identification, lease classification, and recognition and measurement of lease liabilities.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Key Responsibilities of a financial Controller

Coreaxis

It requires a thorough understanding of the market, the business’s financial standing, and its unique assets and liabilities. By assessing the fair market value of these assets, an appraiser can estimate the overall value of the business. Determining the right selling price for a business is a crucial step in the sales process.

article thumbnail

Driving Long-Term Financial Strategy with a Controller

Coreaxis

It requires a thorough understanding of the market, the business’s financial standing, and its unique assets and liabilities. By assessing the fair market value of these assets, an appraiser can estimate the overall value of the business. Determining the right selling price for a business is a crucial step in the sales process.

article thumbnail

7 Bookkeeping Tips to Prepare for Tax Season

Coreaxis

It requires a thorough understanding of the market, the business’s financial standing, and its unique assets and liabilities. By assessing the fair market value of these assets, an appraiser can estimate the overall value of the business. Determining the right selling price for a business is a crucial step in the sales process.

article thumbnail

How to Calculate the Selling Price for a Business?

Coreaxis

It requires a thorough understanding of the market, the business’s financial standing, and its unique assets and liabilities. By assessing the fair market value of these assets, an appraiser can estimate the overall value of the business. Determining the right selling price for a business is a crucial step in the sales process.

article thumbnail

Zipline vs. Reflexis vs. Playerlync vs. Workjam vs. Bigtincan—Which Is the Best Tool for Retail Training and Operations?

BigTinCan

Too many retail brands are still using antiquated learning methods in their retail training, leading to sales associates not retaining information. It is not so much a learning tool as it is a “decluttering” tool, helping sales associates focus on the most important tasks before them. . Store managers can assign tasks to associates.