Patrick Louie

Bookkeeping, Tax & Revenue Specialist

Patrick has 10 yrs of experience in Finance, Bookkeeping and Accounting working for companies both in the USA and outside of the USA, including Bureau of Internal Revenue.

Patrick contributes weekly to Fundsnet with his long list of experience in Bookkeeping and forensic accounting, as he has first hand, real-world experience in many accounting related subjects.

Inventory Costing Method

Inventory Cost

Reserve Requirement

Accumulated Depreciation

Gross Wages

Hedge Accounting

Lease Accounting as a Lessor

Lease Accounting as a Lessee

Financial Lease vs Operating Lease

Prepaid Lease

Is Service Revenue an Asset?

Service Revenue

Contribution Margin Income Statement

Incurred Expenses

Accounting Cycle

Adjusted Trial Balance

Unadjusted Trial Balance

Subsidiary Ledger

Uncollectible Accounts

Bad Debt Expense