Discover how accruals affect company finances, with insights into the accrual accounting method, its applications, and examples illustrating its principles.

A business owner must understand his numbers to ensure that he is on track to profitability and desired growth. Without understanding things such as costs, margins and profits, the owner is risking ...

This article was paid for by Intuit QuickBooks. Running a small business can be exciting and rewarding. But it also comes with a long list of tasks that have little to do with why you opened your ...

The whole Enron/Global Crossing/Who's Next accounting scandal has caught the public's imagination. Certainly, it points to a need for accounting reform. All of us can envision our 401(k)s sinking in ...

Brette Sember is a retired attorney who has been writing and editing law and legal topics for more than 25 years. She is the author of more than 40 books, is a nationally recognized expert on divorce ...

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

This transcript is taken from an interview conducted April 6, 2020. How have banks changed how they recognize losses since the financial crisis? Since the 2008–09 financial crisis, one of the biggest ...