Sale and leaseback transactions have long been popular because they present benefits to both seller-lessees and buyer-lessors. The accounting for such transactions has changed significantly, though, ...

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

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

Discover when businesses must use accrual accounting and how it differs from cash accounting. Learn why it's essential for ...

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 ...

Like it or not, managing your accounting books is all part of being a business owner. And if you’re like the majority of entrepreneurs, you probably worry about making accounting mistakes that can ...

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 ...

Financial tracking is vital to business success because it helps business owners understand and monitor their financial health at all times. Proper financial oversight requires an understanding of the ...

Explore how ancient accounting systems from Sumeria to Greece tracked trade, taxes, and resources, shaping early economies ...

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 ...