Content KPMG Executive Education Definition of Mark to Market Accounting Certain items of PP&E are reclassified as inventory under IAS 2; not under US GAAP IAS 2 generally measures inventories at the lower of cost and NRV; US GAAP does not Today’s Options Market Update Are All Assets Marked to Market? Scope of onerous contracts […]
Category Archives: Bookkeeping
Content Additional Resources A free public service brought to you by the nation’s CPAs. Individual and Consumption Taxes What Is the Statute of Limitations for IRS Audits? Stay informed with the latest TaxEDU resources! Inaccurately Reporting Your Business Expenses Does Amending a Tax Return Increase Your Risk of an Audit? Also, as previously mentioned, the […]