HONEST METHODOLOGY — ZERO FAKE CREDENTIALS
About BusinessCalc R2R Standards
BusinessCalc delivers open-source, deterministic financial engines for fixed asset accounting, inventory valuation, and general ledger reporting.
Accounting Standards & IRS Codification Compliance
All R2R calculations strictly adhere to authoritative accounting standards:
- US GAAP ASC 360: Property, Plant, and Equipment financial depreciation and impairment.
- IRS Publication 946: MACRS GDS percentage tables (3/5/7/15/20-Year) and Section 179 expensing rules.
- US GAAP ASC 330: Inventory valuation standards (FIFO, LIFO, Weighted Average Cost, LCNRV).
- US GAAP ASC 842: Lease capitalization and right-of-use (ROU) asset amortization.