Lucubrate Magazine, Issue 47, November 16th 2018
Technology can be a major tool, both in terms of pedagogical resources and in terms of connecting with the younger generations. Today’s modern classrooms in many countries are packed with…
Video: The Future of Finance is Being Shaped Now; Blockchain, Cloud Hosting, Artificial Intelligence (03:56)
Global finance faces some major shifts driven by the fintech revolution. Some are asking whether the finance industry needs to rediscover its core purpose to increase productivity and deliver greater value…
Write Off to the Income Statement
All assets (excluding land) will eventually all be written off to the income statement, however, that can take from one to several years. Translate the Income Statement A leaving IC…
Policies, Changes, Estimates, and Errors
Lucubrate Magazine, Issue 35, August 3rd, 2018 Changes in Accounting Estimates and Errors. The article looks into some rules when it comes to Policies, Changes, Estimates, and Errors Accounting…
Complexity and Necessity of Meticulous Details and Documentation
Lucubrate Magazine, Issue 34, July 27th, 2018 Changes in Accounting Estimates and Errors. Strangely this IAS seems almost to be two standards in one and we’ll address both separately. Bear…
An Awful Lot of Schematics and Charts
Lucubrate Magazine, Issue 33, July 20th, 2018 This article is an awful lot of schematics and charts. We will go down to gross profit before expenses. In the same vein,…
Prevent Violating Faithful Representation
Prevent Violating Faithful Representation Lucubrate Magazine, Issue 32, July 13th, 2018 IAS 2 is structured and formularized to prevent misrepresentative data from violating faithful representation in order to manipulate net…
Quality Development in the Accounting
Lucubrate Magazine, Issue 31, July 6th, 2018 It is normal to have raw materials, finished-good work-in-process, and finished goods (future cost of sales) inventories. However there are costs, termed conversion…