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

Businesses are increasingly accepting crypto-assets as payment, paying in cryptoassets, or holding cryptoassets as investments, but CFOs must not confuse cryptoassets with electronic cash that links ...

The accounting cycle involves a number of steps that are repeated in each reporting period as they correspond to the business processes. They verify the transactions and are implemented to prepare ...

Accounting Standards Update 2018-08 - Not-For-Profit Entities (Topic 958): Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made serves to clarify and ...

Discover how micro accounting works at personal, corporate, and government levels. Learn its processes and how it contrasts with macro accounting strategies.

Most CPAs are familiar with the tax benefit of using an interest charge – domestic international sales corporation, or IC-DISC. What many do not realize is the additional benefit that can be generated ...

When a company wants to buy your small business or merge with your organization, you must work with that company to prepare your accounting ledgers. The way you value assets and account for stock in ...

Take everything you know about accountancy and throw it out of the window. New technologies, combined with the changes with remote work policies, are set to shake up the world of small business ...

Thanks to AI, the accounting profession is experiencing a significant shift. Researchers from Columbia University and elsewhere found that native AI agents within enterprise resource planning (ERP) ...

The SEC has adopted amendments to the financial disclosure requirements in Regulation S-X for acquisitions and dispositions of businesses. When a registrant acquires a significant business, other than ...

No matter how meticulous finance teams are, mistakes happen. In fact, it's estimated that accounting errors and manual financial reporting cost U.S. businesses around $7.8 billion a year. And those ...