The US accounting board advanced an effort clarifying how companies should measure in their financial reports certain ...

The Financial Accounting Standards Board issued an accounting standards update with guidance on accounting for government ...

Timothy Li is a consultant, accountant, and finance manager with an MBA from USC and over 15 years of corporate finance experience. Timothy has helped provide CEOs and CFOs with deep-dive analytics, ...

The two types -- or methods -- of financial accounting are cash and accrual. Although they're distinct, both methods rely on the same conceptual framework of double-entry accounting to record, analyze ...

The accounting cycle tracks a transaction until it's added to your company's financial statement. Follow this eight-step ...

The Financial Accounting Standards Board released an accounting standards update to improve its codification of standards on different topics.

Nicolas Pologeorgis has 24+ years of experience in academic consulting. He has held administrative and faculty positions in various institutions. Chip Stapleton is a Series 7 and Series 66 license ...

The first treatise on double-entry bookkeeping came from the mind and pen of Luca Pacioli. If you've ever wondered why there is a system of accounting software named after a Renaissance era ...

Brandon Galarita is a freelance writer and K-12 educator in Honolulu, Hawaii. He is passionate about technology in education, college and career readiness and school improvement through data-driven ...

Nearly every public and private business entity — across all levels of government, small and large businesses and major accounting firms (such as KPMG, EY, Deloitte and PwC) — employs finance ...

Break-even analysis, or calculating the break-even point, is useful for business or personal finances. While the underlying premise of accounting and financial break-even points are the same, the ...

Sage 50 Accounting is an exceptionally robust accounting app that offers advanced inventory tracking, comprehensive financial tools, optional cloud-based access, and numerous in-depth reports.