Hyacinth 
The term “Other Comprehensive Basis of Accounting (OCBOA)” refers to an accounting basis that is used in addition to, or in lieu of, generally accepted accounting principles (GAAP). OCBOA financial statements may be prepared using one of several methods, including the cash basis, the modified accrual basis, or the tax basis. OCBOA financial statements are … Read more
An itemized statement is a list of items, usually financial items, that provides details about each item. The list may be created by an individual or a company, and it may be used for personal or business purposes. For example, an individual might create an itemized statement of expenses in order to keep track of … Read more
A person or a company may have in possession of certain real estate or real estate assets that it can economically exploit to obtain a profitability. This type of capital is known as real estate, which can not only be exploited but also grants the person or company to which it belongs a series of … Read more
