Learn about changes in accounting principles and why businesses make them, as well as the reporting and recording ...

Discover how different depreciation methods affect long-term asset values and short-term earnings, plus key assumptions that ...

The Governmental Accounting Standards Board is considering changes in the financial reporting rules for infrastructure assets and is looking for feedback. Processing Content GASB issued a preliminary ...

FASB is seeking comments on a proposed Accounting Standards Update (ASU) that is intended to improve the accounting for purchased financial assets, requiring that all the assets — with certain limited ...

Accounting is vital to a business’s financial hygiene; here’s everything entrepreneurs need to know about it. Many, or all, of the products featured on this page are from our advertising partners who ...

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

The Financial Accounting Standards Board issued an accounting standards update with guidance on accounting for government grants to business entities.

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. While your company focuses on selling your products or ...