scholarly journals The Assessment for the Financial Reporting – Allocation of the Real Estate’s Purchase Price

2021 ◽  
Vol 2 (10) ◽  
pp. 45-50
Author(s):  
Silviu Cornel Chiriac
Keyword(s):  
Financial Reporting ◽  
Purchase Price ◽  
The Real

The Hole in the Doughnut: Accounting for Acquired Intangibles at Krispy Kreme

2006 ◽  
Vol 21 (3) ◽  
pp. 297-312 ◽  
Author(s):  
Lori Holder-Webb ◽  
Mark Kohlbeck
Keyword(s):  
Executive Compensation ◽  
Initial Public Offering ◽  
Financial Reporting ◽  
Real World ◽  
Intangible Assets ◽  
Purchase Price ◽  
Real World Setting ◽  
Exit Costs ◽  
Accounting Courses ◽  
Public Offering

Krispy Kreme Doughnuts, Inc. used a 2000 initial public offering (IPO) to embark on an active expansion and franchise reacquisition program. This case focuses on this high-visibility franchise reacquisition program and several associated and highly controversial accounting issues, and provides an opportunity to examine numerous technical and conceptual issues in a real-world setting. In the case, you will encounter a variety of financial reporting issues—from identification and valuation of uncommon intangible assets in Part 1, to acquisition accounting, purchase-price allocations, contingent consideration, exit costs, executive compensation, and loan impairments in Part 2. The case is appropriate for use in intermediate and advanced accounting courses.

Утицај примене методе удела на перформансе инвеститора // The effect of using the equity method on the performance of the investor

2014 ◽  
Vol 12 (20) ◽  
pp. 59
Author(s):  
Ката Шкарић Јовановић
Keyword(s):  
Financial Reporting ◽  
Joint Venture ◽  
Transition Process ◽  
Economic Recovery ◽  
Real Sector ◽  
The Real ◽  
Joint Management ◽  
Net Assets ◽  
Equity Investments ◽  
Entire Amount

Резиме: Постоји општа сагласност да је повећање инвестиција у реални сектор једна од кључних претпоставки за опоравак привреда земаља обухваћених кризом. У земљама које уз то нису довеле до краја процес транзиције, та потреба се поставља још снажније. Инвеститори могу улагати у оснивање нових друштава, докапитализацију постојећих и оснивање друштава која ће бити под заједничком управом. Финансијско извештавање о улагањима се разликује у зависности од висине учешћа у капиталу друштва. Значајан утицај инвеститору омогућава учешће у капиталу које је више од 20 и мање од 50% капитала и учешће у заједничком подухвату које му обезбеђује да буде страна у заједничкој управи. За утврђивање вредности оваквих учешћа примењује се метода удела. Она се битно разликује од консолидације која се користи за учешћа која су основа контроле по томе како се одређује вредност учешћа и по висини и времену признавања прихода од учешћа. Методе удела, чија примена је обавезна, пружају инвеститорима две важне информације: колики је износ нето имовине придруженог друштва или заједничког подухвата који се односи на учешће и колико износи учешће инвеститора у добитку. Због тога што се готово никад цео износ добитка не додељује власницима, већ један део добити остаје задржан. приходи од учешћа код ове методе готово редовно виши од прилива готовине по основу примљених дивиденди, примена методе удела може неповољно утицати на ликвидност друштва инвеститора.Summary: There is a general agreement that the increase in investment in the real sector is one of the key prerequisites for economic recovery of countries affected by the crisis. In countries which have finished the transition process, this need arises even more strongly. Investors can invest in the establishment of new companies, the recapitalization of existing ones and establishment of companies that will be under the joint management. Financial reporting on investments varies depending on the amount of equity investments in companies. Significant impact for investors provides the share in the capital of more than 20 % and less than 50 % and equity participation in the joint venture provides a participation in the joint management. To determine the value of such share, the equity method is applied . It is very different from the consolidation that is used for the share which is the basis of control in how to determine the value of the share and the amount and timing of recognition of share revenue. The equity method, whose application is mandatory offers investors two important information: what is the amount of net assets of the associate or joint venture relating to share and how high is the share of investors in profit. The entire amount of earnings is almost never allocated to owners, part of the earnings is retained. Income from the participation in this method is almost always higher than the inflow of cash in dividends received, using the equity method may adversely affect the liquidity of the company investors.

scholarly journals ФОРМУВАННЯ ОБЛІКОВОЇ ПОЛІТИКИ ЗА ПРИНЦИПОМ БЕЗПЕРЕРВНОСТІ ДІЯЛЬНОСТІ ПІДПРИЄМСТВ

2021 ◽  
pp. 74-81
Author(s):  
Олена Сергіївна Юрченко
Keyword(s):  
Financial Reporting ◽  
Information Needs ◽  
Accounting Standards ◽  
Financial Statements ◽  
Fair Value ◽  
The Real ◽  
Real Value ◽  
The Impact ◽  
Accounting Policy

Formulation of the problem. Based on the study, the prerequisites, features and components of the formation of accounting policies in the context of business continuity are revealed. The purpose of the article is to substantiate the theoretical and methodological and organizational provisions of accounting policy formation in the context of the implementation of the concept of continuity. The object of research is the process of formation of accounting policy and its impact on the quality of corporate financial reporting information. Methods used in the study: scientific knowledge, method of generalization, comparison, logical - meaningful, methods of induction and deduction. The main hypothesis is that the formation of accounting policies aimed at determining the regulations of accounting and reporting from the standpoint of reflecting complete and reliable information about the real value of assets and liabilities will help reconcile the interests of all stakeholders. Presenting main material. The article identifies the prerequisites, directions and elements of the formation of accounting policies on the principle of continuity of enterprises. Provisions on the development of theoretical and methodological foundations for the formation of accounting policies of enterprises on the basis of risk-oriented approach are revealed. The necessity of valuation of assets and liabilities according to the criteria: fair, discounted and market value of enterprises is substantiated and the methodological support of valuation of financial instruments in accounting is revealed. Originality and practical significance are proposals for the formation of methodological and organizational support and recommendations for the measurement of assets and liabilities at fair value in order to improve the quality of financial statements. Research findings. The formation of accounting policy in the context of the principle of continuity is based on the requirements of International Accounting Standards and National Accounting Standards and depends on the needs of management, methods and techniques of accounting. In the process of developing an accounting policy, it is necessary to take into account the information needs of various stakeholders to disclose information in corporate financial statements. The introduction of theoretical and methodological provisions for the formation of elements of accounting policy on the principle of continuity will meet the information needs of different users, improve the quality of financial reporting and assess the impact of accounting policies on the real value of enterprises in the future.

scholarly journals FINANCIAL REPORTING ON COMPREHENSIVE INCOME – THE CASE OF INSURANCE COMPANIES FROM THE REPUBLIC OF SERBIA

TEME ◽  
2021 ◽  
pp. 1481
Author(s):  
Nemanja Karapavlović ◽  
Vladimir Stančić ◽  
Evica Petrović
Keyword(s):  
Financial Reporting ◽  
Life Insurance ◽  
Insurance Companies ◽  
Real Sector ◽  
Net Income ◽  
The Real ◽  
Comprehensive Income ◽  
Other Comprehensive Income ◽  
The Republic ◽  
Over Time

The objective of the paper is to research if the specificities of insurance business influence the fact that in insurance companies more components of other comprehensive income occur, as well as if in insurance companies different components of other comprehensive income are represented compared to the companies from the real sector. Furthermore, the paper should show if net income and net comprehensive income of insurance companies are significantly different, and which one of them is more volatile over time. The results of the research suggest that in the insurance companies more components of other comprehensive income are represented than in the companies from the real sector, as well as that that the most represented components of other comprehensive income in insurance companies are not different from the real sector companies, but that their frequency of appearance is higher. Statistical analysis conducted at the level of population has shown that net income and net comprehensive income are not significantly different. Also, it was established that net comprehensive income of insurance companies was more volatile over time than net income. However, by segmentation of total population according to types of insurance dealt with by insurance companies to life insurance companies, non-life insurance companies and those doing activities of both life and non-life insurance, it was established that in certain cases net income and net comprehensive income are statistically significantly different, as well as that net income was more volatile than net comprehensive income.

Trade‐offs between Tax and Financial Reporting Benefits: Evidence from Purchase Price Allocations in Taxable Acquisitions

2019 ◽  
Vol 36 (3) ◽  
pp. 1223-1262 ◽  
Author(s):  
Daniel Lynch ◽  
Miles Romney ◽  
Bridget Stomberg ◽  
Daniel Wangerin ◽  
John R. Robinson
Keyword(s):  
Financial Reporting ◽  
Purchase Price ◽  
Trade Offs

scholarly journals LABOUR MARKET REFORM: GENERAL TRENDS, EXISTING CHALLENGES, DIRECTIONS OF ADVISORY SUPPORT

2021 ◽  
pp. 50-59
Author(s):  
Yuriy Bakun ◽  
Mykhaylo Ksenofontov ◽  
Lyudmyla Dudnik
Keyword(s):  
Financial Reporting ◽  
Balance Sheet ◽  
Financial Statements ◽  
Fair Value ◽  
Fundamental Principle ◽  
The Real ◽  
Historical Cost ◽  
Current Accounting ◽  
Financial Position ◽  
The Difference

Introduction. The article describes the concept of valuation of assets, liabilities and capital, as well as the presentation of the information received in the accounting and financial statements. Methods. Methods of structural and logical analysis, comparison and generalization of requirements of national and international accounting standards and current legislation are used in this article. Results. The economic content of the assessment of objects at the reporting date as an important methodological tool of accounting is in-depth. The principal difference between the fundamental principle of accounting - monetary valuation and evaluation as a procedure performed for the purpose of obtaining the real (fair) value of the property of the enterprise as of the reporting date is set out. The expediency of using historical value in current accounting and fair value is substantiated - when the information about the property of the enterprise in the financial statements is displayed. It has been proved that the assessment as one of the fundamental principles of accounting and assessment as a procedure that is carried out in order to obtain the real (fair) value of the property, liabilities and capital of the enterprise as of the reporting date should be distinguished. The expediency of using historical value in current accounting and fair value has been substantiated - when the information about the property of the enterprise in the financial statements is displayed. The assessment has been designated as the principle of accounting and as a procedure performed to establish the fair (fair) value of the property, liabilities and capital of the enterprise at the reporting date. To do this, the balance sheet proposes to reflect the results of their accounting for historical cost, and in the statement of financial position present information about the financial position, taking into account the fair value of assets, liabilities and equity as of the reporting date. Discussion. The difference between the indicators of these reports is recommended to be presented in the notes, accordingly, it will provide interested parties with reliable information about the financial position and will give reasons to recognize the extent to which the revalued methods of revaluation of assets, liabilities, capital and management effectiveness are used. Keywords: accounting, assessment, financial reporting, accounting principles, fair value, accounting procedure.

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