Blog 24iValue

Is accounting a high-risk profession?

Publication date: 2013-03-21 00:00:25

Many accountants tend to think so. This hardly comes as a surprise, especially given the legal accountability they...

How to calculate inventory and debt provisions with 24iValue?

Publication date: 2013-03-19 00:00:07

Round all the numbers you enter to nearest thousands. This is sufficient to do the estimates. Throughout the...

The easier the method the better the result

Publication date: 2013-03-12 16:16:10

If I?m unable to solve a complex accounting problem, I try to work it out using the simple round numbers. Then it?s...

When you create reserve for retirement?

Publication date: 2013-03-16 00:00:12

It is necessary to identify employee benefits (retirement bonus / severance pay, jubilee awards) in the amount...

When you book accruals?

Publication date: 2013-03-13 00:00:34

Accruals are liabilities the due date or the amount of which are more certain than for provisions, Established...

When you need a provision for liability?

Publication date: 2013-03-11 00:00:17

Provisions for liabilities recorded when the payment date or amount are not certain (IAS 37 par. 7, 10) ,...