Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

Financial accounting refers to the generally accepted accounting principles used to create financial statements for the public, while tax accounting follows the rules of the Internal Revenue Service.

Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

The International Accounting Standards Board published a consultation document Wednesday with eight proposed illustrative examples showing how companies could apply International Financial Reporting ...

The International Financial Reporting Standards Foundation has published a set of near-final examples showing how companies can improve the reporting of uncertainties in their financial statements ...

As the founder and CEO of a financial and accounting services firm, I’ve learned firsthand that the best approach to accounting is being proactive, not reactive. Unfortunately, many companies only ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Ebony Howard is a certified public ...

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 ...

Discover the key assumptions of accounting postulates and their role in shaping accounting standards, including revenue ...