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Hace 5 días · A pledged asset is an asset that is being used as collateral on a loan. A pledged asset reduces the risk of the lender, since it can take possession of and sell the asset if the borrower defaults on loan payments.
Hace 1 día · What is an equity pledge? An equity donation allocates a portion of your company’s outstanding shares to be used to fund social impact causes. You. Browse ... accounting, and advice on grant making. Shares entail issuing a Board Resolution to reserve 1% of shares for future issuance for social impact and then a transfer of shares.
Hace 1 día · The process of accounting for prepaid dues and subscriptions begins with identifying the total amount paid and the period it covers. For instance, if an organization pays $1,200 for a one-year subscription to a professional journal, this amount is initially recorded as a prepaid expense.
Hace 5 días · Pledge in the stock market means taking a loan against its securities. This arrangement is typical for companies where investors hold many shares. The borrower retains ownership of these stocks and receives dividends, interests, and capital gains on those shares.
Hace 22 horas · Amanda Iacone. BDO USA P.C. said Tuesday that its flawed audits flagged by US inspectors are set to rise again, in a preview of a pending 2023 regulatory review. The firm, among the largest US auditors, also warned that a series of in-progress reforms to its assurance practice won’t quickly reverse that trend.
Hace 5 días · The Board added a project to its technical agenda to (1) modernize the accounting for software costs and (2) enhance the transparency about an entity’s software costs.
Hace 2 días · Here's how you can effectively recognize and reward employees in the accounting field. Powered by AI and the LinkedIn community. 1. Personal Praise. Be the first to add your personal experience. 2 ...
