GAAP – Page 3 – itho's internet resources

Understanding Discontinued Operations: Definition, Reporting, & Importance

By Itho May 10, 2010

[ad_1] What Are Discontinued Operations? Discontinued operations involve sections of a company that are either sold or terminated and must be reported separately from ongoing activities. This separation on the…

EBITA (Earnings Before Interest, Taxes, and Amortization) Definition

By Itho February 5, 2009

[ad_1] What Is EBITA? Earnings before interest, taxes, and amortization (EBITA) is a measure of a company's profitability and value. As the name implies, EBITA adds interest, taxes, and amortization…

Capitalized Cost: Definition, Example, Pros and Cons

By Itho October 31, 2008

[ad_1] What Is a Capitalized Cost? A capitalized cost is an expense added to the cost basis of a fixed asset on a company's balance sheet. Capitalized costs are…

Auditor’s Opinion: Definition, How It Works, Types

By Itho October 11, 2008

[ad_1] What Is an Auditor's Opinion? An auditor's opinion is a certification that accompanies financial statements. It is based on an audit of the procedures and records used to produce…

Auditor: What It Is, 4 Types, and Qualifications

By Itho October 6, 2008

[ad_1] What Is an Auditor? An auditor is a person authorized to review and verify the accuracy of financial records and ensure that companies comply with tax laws. They protect…

Definition and 3 Main Types

By Itho June 23, 2008

[ad_1] What Are Business Activities? Business activities refer to all actions a business undertakes with the primary aim of generating profit. This general term encompasses all the economic activities carried…