Think Accounting

09/05/2014

http://www.bloomberg.com/news/2010-12-02/fasb-to-negotiate-on-fair-value-new-iasb-head-tells-les-echos.html

The U.S. Financial Accounting Standards Board “is ready to move towards a more balanced approach” on whether to apply fair-value accounting to all financial assets, a position that has threatened convergence with the London-based International Accounting Standards Board, Les Echos said, citing IASB…

05/05/2014

Just a Bit of Accounting Humor :)

05/05/2014

Current exhibitions at UniSA Library

05/05/2014

By Bob Schneider The name that looms largest in early accounting history is Luca Pacioli, who in 1494 first described the system of double-entry bookkeeping used by Venetian merchants in his Summa de Arithmetica, Geometria, Proportioni et Proportionalita.

05/05/2014

The early development of accounting dates back to ancient Mesopotamia, and is closely related to developments in writing, counting and money;[1] there is also evidence for early forms of bookkeeping in ancient Iran,[4][5] and early auditing systems by the ancient Egyptians and Babylonians.[2] By the…

05/05/2014

When Louis XIV’s stern finance minister Jean-Baptiste Colbert died, the king thanked the lord and never replaced him.

05/05/2014

A new book reviews the most popular cloud based accounting software applications. Who are the winners? Oh, wouldn’t you like to know.

05/05/2014

Financial accounting (or financial accountancy) is the field of accountancy concerned with the preparation of financial statements for decision makers, such as stockholders, suppliers, banks, employees, government agencies, owners, and other stakeholders. Financial capital maintenance can be measure…

05/05/2014

Accounting, or accountancy, is the measurement, processing and communication of financial information about economic entities.[1][2] Accounting, which has been called the "language of business",[3] measures the results of an organization's economic activities and conveys this information to a variet…