Home » Posts tagged 'Pink Sheets'

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  Accounting Factoids™ by Salberg & Company, P.A.- Auditors For Public Companies.

  February 5, 2013 / Accounting 101

  Accounting Factoids™ are helpful bits of accounting information to lead you in the right direction. Today’s topic: Presentation of Certain Items on the Balance Sheet Commitments and contingencies should be referenced on the balance sheet to the explanatory footnote. Liquidation value of preferred stock is required to be presented on the face of the balance sheet. Subscriptions receivable may be presented as assets only if cash was received prior to issuing the financials. To learn more or for assistance with [...]

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  Accounting Factoids™ by Salberg & Company, P.A.- Auditors For Public Companies.

  January 8, 2013 / Accounting 101

  Accounting Factoids™ are helpful bits of accounting information to lead you in the right direction. Today’s topic: Intangible Assets and Goodwill Some issues to consider for your year-end financial statements: An evaluation of intangible assets and goodwill for recoverability should be made at least annually and whenever indicators of impairment exist. You may have to engage valuation experts in order to determine the fair value of intangible assets and goodwill for your impairment testing. Impairment of assets is an operating [...]

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  Accounting Factoids™ by Salberg & Company, P.A.- Auditors For Public Companies.

  December 26, 2012 / Accounting 101

  Accounting Factoids™ are helpful bits of accounting information to lead you in the right direction. Today’s topic: Inventories Don’t forget to conduct your year-end inventory count and have your auditors observe and test count. Standard costing is for internal use and should be adjusted to GAAP for financial statement presentation if differences are material. Purchase price variances, if material, should be applied to the year-end inventory balance on the balance sheet. (c) 2012 To learn more or for assistance with [...]

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  Accounting Factoids™ by Salberg & Company, P.A.- Auditors For Public Companies.

  November 15, 2012 / Accounting 101

  Accounting Factoids™ are helpful bits of accounting information to lead you in the right direction. Today’s topic: Presentation of Certain Items on the Balance Sheet Restricted cash may be a current or non-current asset. Short term loans may be presented as long term if refinance is expected and certain criteria are met. Liabilities should be presented in order of creditor rights. To learn more or for assistance with your accounting or auditing needs, please contact Scott Salberg, CPA at 561-995-8270 [...]

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  Accounting Factoids™ by Salberg & Company, P.A.- Auditors For Public Companies.

  October 26, 2012 / Accounting 101

  Accounting Factoids™ are helpful bits of accounting information to lead you in the right direction. Today’s topic: Bank Account Internal Controls Internal controls over bank reconciliations are a very critical component of your design of internal controls. A prepared bank reconciliation should always be reviewed by someone independent of the preparer. Sometimes small errors in a bank reconciliation can indicate much larger errors in the bank G/L account. To learn more or for assistance with your accounting or auditing needs, [...]

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  Charles Sam D’Alberto – CEO of Perla Group International, Inc. (PINK:PERL)

  April 3, 2012 / featured, Services, Technology

  Perla Group International, Inc. provides aviation, telecom, armored vehicles, and K-9 products and services in the burgeoning military, police, and security sectors in the United States and internationally. It offers satellite and telecoms products, including satellite antennas, RF components, I-Direct, military products, and Viasat networks; auto deploy antennas, communication on the move, and VOIP products; power generators; asset tracking products; and network design, implementation, and consultancy services, as well as distributes Sumeru microwave antenna’s. The company also provides armored 4×4, [...]

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