The authors can see from the results of the data collected that the independent variables that were identified to explain current levels of the loan and lease
allowance account are significant predictors of the account.
The deferred tax asset for net operating losses in foreign jurisdictions and the related valuation
allowance account are explained by the instructor, as well as the note indicating that the company has not provided for deferred income taxes for undistributed earnings of foreign subsidiaries.
Subject to the few circumstances where aggregation is warranted (and, in fact, required), unless market markdowns are tracked by individual inventory line item (regardless of whether they are lumped together and presented in the balance sheet as a contra-asset in a valuation
allowance account), there is no way to assure against the risk of inadvertently violating the most basic principle of LCM accounting in subsequent annual periods.
Maynard stole the money in 2009 from the patient needs
allowance account at West Side House of Worcester at 35 Fruit St., where she worked as business manager before resigning in January 2010, according to the attorney general.
Mrs Moon was heavily criticised when it emerged last week she spent more than pounds 4,000 on fixtures and fittings at South Wales stores, which were then delivered to her Porthcawl address on her second homes
allowance account.
The Leader's
Allowance Account - set up to receive the Fianna Fail party leader's allowance from the state - was maintained in the joint names of Mr Haughey, Mr Ahern and Ray MacSharry.
For example, WorldCom recorded millions of dollars in expenses in asset accounts without audit detection, and Healthsouth created income by manipulating its contractual
allowance account. The inept auditing that failed to detect these violations was likely due to deficiencies in training, supervision and basic audit judgment.
For a purchased allowance, we can readily see a debit to an
allowance account and a credit to cash.
We discussed these issues with SBA's auditors, who have since reassessed the unusual balance in the subsidy
allowance account and withdrawn their unqualified audit opinions on the fiscal year 2000 and 2001 financial statements.
Second, prior research uses the net change in the valuation
allowance account as a proxy for the earnings effect of valuation allowance changes.
allowance account - a reserve fund created by a charge against profits in order to provide for changes in the value of a company's assets