publication . Article . 2012

Cash Advance Accounting: Accounting Regulations and Practices

Aristita Rotila;
Open Access English
  • Published: 01 Dec 2012 Journal: Studies and Scientific Researches: Economics Edition, issue 16 (issn: 2344-1321, Copyright policy)
  • Publisher: University of Bacău
Abstract
<jats:p>It is known the fact that often the entities offer to staff or third parties certain amounts of money, in order to make payments for the entities, such sums being registered differently in the accounting as cash advances. In the case in which the advances are offered in a foreign currency, there is the problem of the exchange rate used when justifying the advance, for the conversion in lei of payments that were carried out. In this article we wanted to signal the effect that the exchange rate, used in the assessment for reflecting in the accounting operations concerning cash advance reimbursements in a foreign currency, has on the information presented i...
Persistent Identifiers
Subjects
free text keywords: cash advances, exchange rate, differences of exchange rate, operating income, gross result, lcsh:Business, lcsh:HF5001-6182, lcsh:Economics as a science, lcsh:HB71-74, Accounting standard, Revenue recognition, Finance, business.industry, business, Cash conversion cycle, Cash management, Cash flow statement, Accounting, Cash and cash equivalents, Operating cash flow, Economics, Cash flow forecasting
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