Accrued interest is recorded as an expense or as revenue on the income statement, depending on whether the interest is being paid or received. Accrued expenses are a type of accrued liability and ...

ITAT Chennai held that although the assessee company was following the mercantile system of accounting, only real income could be brought to tax. Hypothetical income cannot be taxed. Hence, appeal of ...

Some of the world’s major airline loyalty programs are going through major changes that appear to prioritize high-spending ...

Service revenue is reported on the income statement under operating revenues, reflecting earnings from core business ...

31, 2024, decreased to $87.1M from $94.7M in the prior quarter, driven by lower interest income due to declines in reference rates, the impact of certain investments placed on non-accrual status ...

Hercules Capital has seen impressive growth, but its valuation is a concern. Discover why HTGC stock may not be a good buy at ...

The AO initially passed an assessment order, making additions related to transfer pricing adjustments and disallowance under Section 14A. Subsequently, the assessment was reopened under Section 147 ...

Dun & Bradstreet Holdings, Inc. (NYSE: DNB), a leading global provider of business decisioning data and analytics, today ...

Fair Entry is an application process that helps you access some City services and programs at a lower cost if you have a lower income. Eligibility is based on residency, income and, in some cases, age ...

In situations like this, it is common for a parent company to create a global employee stock ownership plan, which allows ...