PPT-FA2 Module 4. Revenue and expense recognition

1 Revenue recognition Expense recognition Revenue recognition by critical event Revenue recognition by effort expended The percentageofcompletion method Longterm contract losses The instalment method. Challenges and Successes. Challenges. Getting workflow set up. Training faculty and staff. Cash advance module. Hanging encumbrances. Closing Travel Authorizations. Challenges - Workflow. Determine workflow and get it set up quickly. Adjustments, Financial Statements, and Financial Results. PowerPoint Authors:. . Brandy Mackintosh. Lindsay . Heiser. Learning Objective 4-1. Explain why adjustments are needed.. Solution: . Adjustments are made to the accounting records at the end of the period to state assets, liabilities, revenues, and expenses at appropriate amounts. . Adjustments, Financial Statements, and Financial Results. PowerPoint Authors:. . Brandy Mackintosh. Lindsay . Heiser. Learning Objective 4-1. Explain why adjustments are needed.. Solution: . Adjustments are made to the accounting records at the end of the period to state assets, liabilities, revenues, and expenses at appropriate amounts. . Travel and Expense Module. Travel and Expense Advantages. WebNow. Travel and Expense Module. Roles. Travelers. Employees. who travel. Needs a valid employee profile in travel & expense. Approved vendor status in AP. Adjustments, Financial Statements, and Financial Results. PowerPoint Authors:. . Brandy Mackintosh. Lindsay . Heiser. Learning Objective 4-1. Explain why adjustments are needed.. Solution: . Adjustments are made to the accounting records at the end of the period to state assets, liabilities, revenues, and expenses at appropriate amounts. . Piet Martens (Physics) & . Rafal. . Angryk. (CS). Montana State University. A Computer Science Approach to Image Recognition. Conundrum. : We can teach an undergraduate in ten minutes what a filament, sunspot, sigmoid, or bright point looks like, and have them build a catalog from a data series. Yet, teaching a computer the same is a very time consuming job – plus it remains just as demanding for every new feature.. PowerPoint . Author:. . Brandy Mackintosh, CA. Learning Objective 8-1. Describe the trade-offs of extending credit.. Pros and Cons of Extending Credit. Disadvantages. Increased wage costs.. Bad debt costs.. Agenda. Revenue recognition. Ultimate revenues. Cost amortization. Participations and residual expense. Other expenses. Impaired films and TV shows. Dev. elopment cost write . downs. Tax . incentives/credits. Zach Hedrick. Jennifer Intihar. Morgan Voss. Geoff Smith. Revenue Recognition. “Recognition is the process of formally recording or incorporating an item into accounts and financial statements of an entity.”. Developed and presented by Samuel A. Monastra, CPA. SAMUEL A. MONASTRA, CPA. Mr. Monastra is a Director with McGladrey, LLP. He has extensive experience with publicly held companies and large privately held companies. Industry focus: manufacturing, life sciences & technology, financial services, and public sector. . Chapter 5 . Ch. 5 Learning Objectives . Explain the difference between permanent accounts and temporary capital accounts. List and apply the rules of debits and credits for revenue, expenses and withdrawal accounts. PeopleSoft T & E Module Challenges and Successes Challenges Getting workflow set up Training faculty and staff Cash advance module Hanging encumbrances Closing Travel Authorizations Challenges - Workflow Slide 1 2-5 GRAPHS OF EXPENSE AND REVENUE FUNCTIONS Find the vertex of the parabola with equation  y  = x 2  + 8 x  + 15 . Vertex formula: (-b/2a, y) Warm Ups: Slide 2 2-5 GRAPHS OF EXPENSE AND REVENUE FUNCTIONS nternal Sales . E. xpense Reimbursements. July 1, 2015. R. evenue Distributions. I. nternal Sales . E. xpense Reimbursements. These 3 transaction types are:. . No dollars are moved . into or out of SOU funds .