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

The new international accounting standard is aimed at more consistent reporting that’s better aligned with how businesses are ...

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

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 ...

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 ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Chip Stapleton is a Series 7 and Series 66 ...

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 ...

Industrial-strength desktop accounting ...

The financial industry is packed with acronyms that can easily overwhelm consumers. The Financial Industry Regulatory Authority, or FINRA, lists 242 professional designations for financial ...