Accounting for legal claims: IFRS compared to US GAAP

When the company receives the insurance claim from the insurance company for the destroyed fixed asset that has been insured, the full cover of the fixed asset usually amounts to the net book value of the asset. In other words, the 100% of the insurance claim that...

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Smithfield has committed to reduce overall emissions in its United States supply chain 25 percent by 2025. And Danone, as part of its journey to be carbon neutral by 2050, has set a goal to reduce its scope 1, 2 and 3 emission intensity by 50 percent by 2030. Scope 3...

Gross Profit Margin: Formula and What It Tells You

According to this rule, you should strive to triple your annual recurring revenue for the first two years and then double it over another three years. Companies like ZenDesk and Salesforce have successfully followed this method. When you’re launching your SaaS...