Catégorie : Bookkeeping

Content Overview: What are audit assertions? What is a Type I assertion? What Is an Unaudited Financial Statement? Transactions and events have been recorded in the proper accounts. Classification — the transactions have been recorded management assertions in the appropriate caption. The assertion is that all transactions that should be disclosed have been disclosed. There

Content Step 1. Full-Time Employee (FTE) Assumptions Pay & Salary Defining Gross Pay Why Does It Matter If an Employee Is on Annualized Salary vs. Annualized Compensation? This is the net pay, and it’s considered the more valuable figure because it’s what you actually get in your pocket. It’s what you have to pay for