What are the types of prior year adjustments? How to report on current year financial statements? Are there any financial guide lines or GAAP rules? cool12

My previous post was regarding a prior period adjustment problem. I stated the incorrect side of the balance for the A/D - Factory Computer System. The correct balance is a credit balance in the A/D - Factory Computer System.

Can I get a copy of my 2007 taxes somewhere from the IRS online

We have completed our financial statements for prior years. We collected a check for prior year reimbursement. My co-workers are saying put it to the expense account is was taken from. I say no because the year has closed. Consider it non-operating income. What do we do?

Hi there my name is amanda and I have never filed my taxes on my own before. So I was wondering do you have to put down the tax refunds from federal and state from the year before? Also are these refunds considered a wage? Thank you Amanda