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

Learn about accounting interpretations, why they matter, and how they clarify standards, prevent errors, and provide consistency in financial reporting.

Discover what accounting changes are, how they affect financial statements, and why full disclosure is essential for ...

Sometimes companies purchase businesses for more than what they are actually worth. The difference between a business' actual worth and what someone pays for that business is referred to as goodwill.

Accounting is the compilation of financial information for various purposes, such as managing a corporate budget, making informed decisions with regard to business operations and predicting future ...

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

Most businesses carry long-term and short-term debt, both of which are recorded as liabilities on a company's balance sheet. Business debt is typically categorized as operating versus financing.

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

Restaurant accounting has specific needs and features. Here's a look at restaurant accounting methods and expenses, how tips ...