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

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 ...

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 ...