The Financial Accounting Standards Board has released guidance aimed at clarifying the official definition of a “business” for purposes of the accounting rules. The new accounting standards update ...

Business operational sustainability is a method of evaluating whether a business can maintain existing practices without placing future resources at risk. Sustainability can refer to any one of a ...

Asked to define a “small business” last week, Alabama’s Democrat John Sparkman, chairman of the Senate Small Business Committee, replied: “The Defense Department defines it as any plant that in itself ...