Warning: Creating default object from empty value in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/plugins/independent-core/admin/ReduxCore/inc/class.redux_filesystem.php on line 29 Accounting Tutorials – Page 7 – Fincyclopedia
[wpdreams_ajaxsearchpro id=44 ]
  • Monday, April 28, 2025
  • The Financial Encyclopedia
[wpdreams_ajaxsearchpro id=43 ]
Notice: Undefined variable: myString in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/themes/independent/tag.php on line 49

ACL vs. PCL

Allowance for credit losses (ACL) is an allowance that constitutes an estimate of a debt/ obligation (credit extended to customers/...

    Difference Between Allowance for Credit Losses and Provision for Credit Losses

    Allowance for credit losses (ACL) is an allowance that constitutes an estimate of a debt/ obligation (credit extended to customers/...

      Examples of Valuation Allowance

      A valuation allowance is an allowance created by an entity for the purpose of offsetting the amount of an asset....

        Fair Value Hedge vs. Cash Flow Hedge

        A fair value hedge is a hedge that accounts for the changes in the fair value of a recognized asset...

          Difference Between Fair Value Hedge and Cash Flow Hedge

          A fair value hedge is a hedge that accounts for the changes in the fair value of a recognized asset...

            Difference Between a Journal Entry and a Memorandum Entry

            A memorandum entry (memo entry) is an accounting entry that gives rise to no debit and credit effects and is...

              Interchangeability of Book Value and Carrying Value

              Book value (BV) is the historical cost of an entity's assets (total assets) minus its liabilities (total liabilities) (hence it...

                Example of a Memorandum Account

                A memorandum account (memo account) is an account that has no accounting function, but rather is an information account that...

                  Example of a Memorandum Entry

                  A memorandum entry (also, a memo entry) is an accounting entry that gives rise to no debit and credit effects...

                    Difference Between Book Value and Carrying Value

                    Book value (BV) is the historical cost of an entity's assets (total assets) minus its liabilities (total liabilities) (hence it...