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1. Manufacturing expansion loan - caveat: we have no collateral - in Market Discussions [original thread]
I'm interested in seeing how this works. Tell me about it and I'll see if I can get some investors for you. I also need financial projections and wallet logs so I can do up some financial statements. Things are better when back with hard evidence ...
- by Fraszoid - at 2012.02.29 16:36:00
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2. EVE GAAP - in Market Discussions [original thread]
Originally by: Utterly Amazing The interesting thing about IFRS vs. GAAP is that a lot of people that help to update GAAP standards every year have actually moved on to working on IFRS. Thats very true, IFRS and many country's GAAP are...
- by Fraszoid - at 2008.07.18 21:47:00
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3. EVE GAAP - in Market Discussions [original thread]
I was curious if any of the organizations in EVE had made an set of Generally Accepts Accounting Principles, or had an existing set they used for reporting income and valuation purposes. Presently the corp I'm in is doing production, so I thought...
- by Fraszoid - at 2008.07.18 20:52:00
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4. Accounting - in Market Discussions [original thread]
I'd classify them as assets at lower of cost or market for modules. Minerals are an asset too, but given the volatile nature of them, use the base value assigned by CCP for valuation on the books. Hope that helps. --------------------------------...
- by Fraszoid - at 2008.07.13 16:17:00
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5. O'Mara Shipyards Weekly Results - in Market Discussions [original thread]
I just said this on the other boards, but to recap; "I'll keep this short, as I'm in Computer Accounting class. The remaining equity after Shareholders Equity, is Retained Equity, not profits. I'm sitting here looking at my accounting books, and h...
- by Fraszoid - at 2006.02.20 20:42:00
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6. O'Mara Shipyards Weekly Results - in Market Discussions [original thread]
Revenue is closed out to Retained Earnings, not Retained Profit on the Income Statement and Balance sheet. As for the Equity section of the Balance sheet, you should have Common shares for the shares you have sold, Shareholders equity to account f...
- by Fraszoid - at 2006.01.24 05:00:00
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7. O'Mara Shipyards Weekly Results - in Market Discussions [original thread]
Shouldn't you be closing out to Retained Earnings instead of profit. Profit is not supposed to be on Balance sheets. As for if you are going to sell shares, Owners Equity should be changed to Shareholders Equity. I just started fourth semester Acc...
- by Fraszoid - at 2006.01.09 22:07:00
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