- Tax Accounting
What is the Meaning of the Ad Valorem?
Ad valorem is a Latin phrase meaning “according to value.” In essence, it is used to describe a tax levied based on the value of the item being taxe
- Corporate Accounting
What Are Dependent and Independent Investments?
In evaluating the investment proposals presented to management, it is important to know the possible interrelationships between pairs of investment proposals. A
- Corporate Accounting
A Ltd, B Ltd and C Ltd owned 60%, 20% and 20%
A Ltd, B Ltd and C Ltd owned 60%, 20% and 20%, respectively, of the voting shares of X Ltd. There were ten members on the board of directors of X Ltd. A shareho
- Cost Accounting
Evaluation of Transfer Pricing Policies
Transfer pricing refers to the setting of prices for goods sold between different entities within the same company, often located in different countries. It is
- Corporate Accounting
What is financial reconstruction?
Financial reconstruction refers to the process of revamping or restructuring a company’s financial situation to improve its viability and profitability. T
- Cost Accounting
Coffee Maker’s Incorporated (CMI) – Transfer Pricing Example
Two divisions of a CMI are involved in a dispute. Division A purchases Part 101, and Division B purchases Part 201 from a third division, C. Both divisions need
- Cost Accounting
What is Segment Contribution Margin
Segment Contribution Margin In the world of financial markets, segment contribution margin is used as a way to determine the margin that will be required to sel
- Financial Management
Features of the Best Business Valuation Software
Valuing a business accurately is crucial for any entrepreneur or investor looking to make informed decisions. However, the traditional methods of business valua
- Financial Management
What is a Hedge Fund – Meaning and Purpose
Hedge funds have long been a topic of intrigue and curiosity for many investors and financial enthusiasts. These investment vehicles, known for their complex st
- Forensic Accounting
What Are the Benefits of Forensic Accounting?
Forensic accounting studies financial records to identify illegal or unethical behaviour. It is applied to uncover financial fraud. Forensic accounting is the a