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Meet CoverGirl's first cover boy
James Charles, a 17-year-old with a massive following on Instagram, just became the brand's first male ambassador -- marking a bold move for one of the cosmetics industry's biggest players. CoverGirl -- which is owned byCoty Inc. ( COTY )-- and Charles announced the new agreement on social media, along with pop star Katy Perry, who recently posed alongside Charles in a CoverGirl photoshoot. In its tweeted announcement, CoverGirl introduced James as a "makeup artist, boundary breaker, and the newest COVERGIRL! #COVERGIRLJames. " Charles will also star in an upcoming TV ad for the brand, according to his Instagram post.
Investment Basics - Course 107 - Introduction to Financial Statements
By: Steve Bauer | Wed, Oct 13, 2010 This is the seventh Course in a series of 38 called "Investment Basics" - created by Professor Steven Bauer, a retired university professor and still active asset manager and consultant / mentor. Course 107 - Introduction to Financial Statements Introduction Although the words "financial statements" and "accounting" send cold shivers down many people's backs, this is the language of business, a language investors need to know before buying stocks. The beauty is you don't need to be a graduate accountant or a CPA to understand the basics of the three most fundamental and important financial statements: the income statement, the balance sheet, and the statement of cash flows.
An accrued liability is an expense that a business has incurred but has not yet paid. A company can accrue liabilities for any number of obligations, and the accruals can be recorded as either short-term or long-term liabilities on a company's balance sheet. Payroll taxes, including Social Security, Medicare and federal unemployment taxes are liabilities that can be accrued in preparation for payment before the taxes are past due. BREAKING DOWN 'Accrued Liability' Accrued liabilities infers a good or service has been received by the company but the benefit has not yet been paid for yet.
ATI Capital Group of Colorado - Recasting Financial Statements for Valuation Purposes
by Ron J. Lint, ASA, CEO Business Valuation and ESOP Specialist ATI Capital Group of Colorado, LLC 3578 Hartsel Dr. , Unit E, PMB 321 Colorado Springs, CO 80920 719-282-1722 ron@aticolorado. com There continues to be significant discussion in the financial community, especially among accounts, concerning the changes made to the financial statements of closely-held businesses for valuation purposes. The valuation community insists on making sometimes weighty changes to a company's balance sheet and income statement in order to, as they say, "normalize" the figures.
Interpretation of Financial Statements
Book Description The Interpretation of Financial Statements providers the reader with a grounding in the contents of the financial statements by examining their structure and contents. The book also presents several tools that can be used to extract information from the statements. In addition, there are a number of insights into the financial statements can be used to estimate what operational and financial changes might be going on within a business. In short, this book is designed to maximize the reader's understanding of the financial statements.
What is the accrual basis of accounting? | Q&A
Under theaccrualbasis of accounting, revenues are reported on the income statement when they are earned. (Under thecashbasis of accounting, revenues are reported on the income statement when the cash is received. ) Under the accrual basis of accounting, expenses are matched with the related revenues and/or are reported when the expense occurs, not when the cash is paid. The result of accrual accounting is an income statement that better measures the profitability of a company during a specific time period. For example, if I begin an accounting service in December and provide $10,000 of accounting services in December, but don't receive any of the money from the clients until January, there will be a difference in the income statements for December and January under the accrual and cash bases of accounting.
how to forecast financial statements pdf melt info
Chapter 12 Financial Planning and Forecasting Financial. . . . . . Financial Planning and Forecasting Financial Statements. . . pro forma financial statements,. . . The sales forecast is critical to good financial planning. www2. gsu. edu/~fnccwh/pdf/09eh2ch12. pdf· Financial Forecasts and Projections - AICPA. . . Financial Forecasts and Projections 1473 ATSection301 Financial Forecasts and Projections Source: SSAE No. 10; SSAE No. 11; SSAE No. 17. Effective when the … www. aicpa. org/Research/Standards/AuditAttest/DownloadableDocuments/.
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Risk of Material Misstatement
The risk of material misstatement refers to the risk that the financial statements are materially misstated and do not present true and fair view. The risk of material misstatement is assessed at two levels (i) financial statements level and (ii) assertions level. To go in depth of the risk of material misstatement, firstly you have to know what exactly the term material misstatement means from the accounting and auditing point of view. Material misstatement is related to the information present in the financial statement. Material misstatement leads the financial statement users suffering from the economical loss.
Nestle Pakistan1 - Documents
KASBIT - MBA Analysis of Financial Statements Financial Statement Analysis of Nestle Pakistan Presented by. Khosh Wali Khan Anjas Rehmat Amin Hunzai Altaf Abdul Khowja ID No. 4503 ID No. 4415 ID No. 4804 Nestle Pakistan Ratio Analysis for the year 2008 & 2009 Description Gross Profit Ratio (GP 11898920/SALE 41155822)*100 Operating Profit Ratio (OP 5575311/SALES )*100 Profit Before Tax Ratio (PBIT 4628307 / SALE )*100 Profit After Tax Ratio (PAT 3005133/ SALE)*100 Inventory Turnover Ratio (INV 3895038 /SALE)*100 Total Assets Turnover Ratio (TA 18586980/ SALE)*100 Earning Per Share (P.