Accounting

October 20, 2025

Deferred Taxes in Consolidation: Simplifying a Complex Accounting Area

Each entity in a group calculates its own deferred tax position — based on the temporary differences between its accounting…

October 15, 2025

A contra liability account carries a debit balance — the opposite of a normal liability, which carries a credit balance.…

October 8, 2025

Accretion expense is the periodic increase in the carrying amount of a discounted long-term liability as it approaches its settlement…

October 6, 2025

For groups that must navigate both IFRS and US GAAP — either because they operate across jurisdictions with different reporting…

October 1, 2025

A Deferred Tax Asset (DTA) is a balance sheet asset representing tax that the company has effectively overpaid relative to…

September 24, 2025

Impairment reversal is the accounting recognition of an asset’s recovery in value following a prior impairment loss — permitted under…

September 18, 2025

Quasi-equity is a broad term for financial instruments that sit between debt and equity in a company’s capital structure. Like…

September 8, 2025

Dividends are among the most common intercompany transactions in group structures — and one of the most error-prone to handle…

September 1, 2025

For groups with multiple subsidiaries, a consolidated cash flow statement (CFS) is one of the most complex documents in the…