PPT-GAAP Training How to prepare the GAAP forms

  STATE OF   CONNECTICUT 20x8 COMPREHENSIVE ANNUAL FINANCIAL REPORT Fiscal Year Ended June 30 20x8 Kevin Lembo State Comptroller Overview of OSC Requests. Accounting Changes and Error Corrections. Both GAAP and IFRS treat changes in accounting . estimates. prospectively. Changes in accounting . principles. are accounted for retrospectively for both GAAP and IFRS.. GAAP “Capital Lease” Criteria. To be classified as a capital lease GAAP states that the lease must be non-cancelable and meet one of the following:. Transfers ownership. Bargain purchase option. Lease term is . Statutory Accounting. Insurers produce financial statement prescribed by NAIC. Filed with insurance department of regulators. Based on Statutory Accounting Principles. More conservative than GAAP. SAP - . What is a job fair?. Brings employers, schools, and job seekers together, face to face. . Purpose is for recruiters to give you information regarding job opportunities and to distribute information on their company. Julia . Makarieva. Jennifer . Waclawik. Becky Fay . Grayson . Schrantz. Alex Perez. Definition of Inventory. US GAAP- considered more. rules based. IFRS- considered more principle based. The. aggregate of those items of tangible personal property that are:. Christmas. is . Coming. A.C.T.S. .. A – ADORATION. C - CONFESSION. T – THANKSGIVING. S - SUPPLICATION. Prepare Ye the Way. ADORATION. Father We Love You.  . Father we love You, we worship and adore You. Bernard Sexton. Prepare ye the way of . the . Lord.. Liabilities are. Present obligations. Require the future transfer of assets or provision of services. Obligation cannot be avoided. Event giving rise to obligation has already occurred. GAAP and IFRS are about the same regarding liabilities. Insurers produce financial statement prescribed by NAIC. Filed with insurance department of regulators. Based on Statutory Accounting Principles. More conservative than GAAP. SAP - . 2. Policyholders’ Surplus. D1.HPA.CL4.02. Slide . 1. Prepare and display petit fours. Assessment for this Unit may include:. Oral questions. Written questions. Work projects. Workplace observation of practical skills. Practical exercises. Insurers produce financial statement prescribed by NAIC. Filed with insurance department of regulators. Based on Statutory Accounting Principles. More conservative than GAAP. SAP - . 2. Policyholders’ Surplus. By Shannon Francis Lee . Bala. Introduction. NaMe. : Shannon Francis Lee . Bala. Age: 41. Runner’s Profile:. 26 Marathons (42.195km); Aug 2013 – Apr 2017; MYS, Sin, . Tha. , HK, AUS, Jap, UK, USA, FRA. May 2014. . Overview. Current UK financial reporting regime. The current UK financial reporting regime. New UK financial reporting regime. The new standards. FRS 100 The application requirements. FRS 101 Reduced Disclosure Framework. coming of Jesus? . We gather. God of truth, help us to prepare for the coming of your Son and to share the message of your love with others.. Amen.. Alleluia, alleluia!. Prepare a way for the Lord, make his paths straight, and all mankind shall see the salvation of God..