Everyone knows it is better to take a credit than a deduction for the same amount of expenses. But..
In late July, the European Union (EU) unveiled an ambitious package of legislative proposals to..
Updated accounting rules for long-term leases took effect in 2019 for public companies. Now, after..
A complete set of financial statements for your business contains three reports. Each serves a..
Businesses rely on internal controls to help ensure the accuracy and integrity of their financial..
Many types of businesses — such as homebuilders and manufacturers — turn raw materials into..
Timing counts in financial reporting. Under the accrual method of accounting, the end of the..
Businesses need financial information that’s accurate, relevant and timely. The Securities and..
Working capital equals the difference between current assets and current liabilities. Organizations..
