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

Given new standards, changes in the economy, and corporate trends, accounting and financial reporting seem to grow more complex every year. The Financial Accounting Standards Board (FASB) has tried to ...

After 35 years in the accounting and finance industry, I don’t necessarily need a crystal ball to know what the future holds—though it would be handy. In 2024 and beyond, there is one trend I predict ...

Accounting is a foundational process for every business, no matter how big or small. Learn what accounting is, why it matters and how to make it work for you. Keeping accurate financial records is the ...

Financial accounting is a specific type of accounting that uses standardized processes and guidelines for businesses to record their financial transactions and prepare financial statements for ...