Discover the three essential financial statements required by GAAP: income statement, balance sheet, and cash flow statement, ...

Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

Forensic accountants are financial detectives who investigate financial reports and documents, often in connection with legal action. Find out what it takes to become one.

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 ...

Accounting is undoubtedly one of the most crucial components of running a successful business. It's impossible to overlook the significance of keeping track of your finances. With a clear ...

The shift to outsourcing can be impactful. However, it isn't a fit for everyone, so businesses must consider a few things to ...

Many of the most damaging issues in financial reporting and tax compliance stem from ordinary mistakes in organizations that ...

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 ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. The three main types of accounting for businesses are ...

Many business programs are based on a foundation of what is known as the FAME subjects: finance, accounting, management and economics. Business students should gain a good working knowledge of all ...

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 ...

The Office of Accounting and Financial Services is responsible for the financial accounting and reporting functions of the University. We handle everything from student billing and sponsored project ...