QuickHelper

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About QuickHelper

Levels Tought:
Elementary,High School,College,University,PHD

Expertise:
Accounting,Applied Sciences See all
Accounting,Applied Sciences,Business & Finance,Chemistry,Engineering,Health & Medical Hide all
Teaching Since: May 2017
Last Sign in: 355 Weeks Ago, 6 Days Ago
Questions Answered: 20103
Tutorials Posted: 20155

Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

Experience

  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Accounting Posted 12 Jul 2017 My Price 10.00

the GAAP standards,

In business today, the end result is to generate cash flows the company can use for future growth, to meet current and long-term obligations, or to return to the owners. You will discover under current GAAP standards, the balance sheet has assets listed in order of liquidity. Under IFRS, cash is listed last because it is considered the result of being in business, which follows the income statement mentality.

In your opinion, which location is the better location for reporting cash on the balance sheet? Explain why you selected that location.

Provide specific details to support your opinion in your response.

Answers

QuickHelper
(10)
Status NEW Posted 12 Jul 2017 02:07 PM My Price 10.00

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