Remove Association Remove Consulting Remove Liability Remove Roles
article thumbnail

GAAP accounting for Insurance Companies

Coreaxis

In the world of finance, accounting plays a crucial role in ensuring the accuracy and transparency of financial information. In addition to revenue recognition, GAAP also provides guidance on the measurement of insurance liabilities.

article thumbnail

Lease Accounting 101: Everything You Need to Know

Coreaxis

Lease accounting plays a crucial role in reflecting a company’s financial health and obligations. It helps in assessing the leverage and liquidity of a business, as lease liabilities can affect key financial ratios and debt covenants.

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. Market value plays a significant role in determining the worth of tangible assets. Liabilities can include outstanding debts, loans, leases, and contractual obligations.

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. Market value plays a significant role in determining the worth of tangible assets. Liabilities can include outstanding debts, loans, leases, and contractual obligations.

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. Market value plays a significant role in determining the worth of tangible assets. Liabilities can include outstanding debts, loans, leases, and contractual obligations.

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. Market value plays a significant role in determining the worth of tangible assets. Liabilities can include outstanding debts, loans, leases, and contractual obligations.

article thumbnail

Buying and Selling a Business: Understand the Difference

Coreaxis

This method entails acquiring the entire ownership interest in the business, including both assets and liabilities. Consulting with business brokers, lawyers, and accountants who specialize in such transactions can provide valuable insights and guidance throughout the buying or selling process.