Transfer

FEATURED ARTICLES

All articles in this category pertain to transfers. In accounting, transfer refers to the act of moving assets, funds, ownership rights, etc. between accounts. For example, a person moving funds from their savings account to their checking account is a transfer. Common types include wire transfers, balance transfers, and loan transfers.

Learn more about transfer below:

Transfer Troubles: “Sale” or “Secured Borrowing” under ASC 860?

by GAAP Dynamics | May 31, 2022 | Articles, Debt, Financial Services, Industry Accounting, Loans, Sales, Transfer

How to Conduct an Inventory of Your Leases under GASB 87

by LeaseQuery | Apr 18, 2022 | Articles, GASB, GASB 87, Government Accounting, Lease Accounting, Transfer

ICYMI—Applying the New Accounting Guidance for Contributions

by CPA Journal | May 28, 2020 | Articles, ASC 606, Revenue Recognition, Transfer

Recent articles

New Revenue Recognition Guidance and the Potential for Fraud and Abuse

by CPA Journal | Apr 8, 2019 | Articles, ASC 606, Revenue Recognition, Transfer, US GAAP Accounting

In Brief Now that FASB’s new revenue recognition standard is effective, it is worth considering how well the guidance meets the goals originally set by the board. One of the original motives for the standard was to prevent fraud and abuse in the recognition of...