Discover how accounting software aids financial transactions, simplifies audits, and saves space. Explore types, benefits, ...

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

Learn the essentials of financial accounting tailored for enterprise executives. Make smarter decisions with 5 clear, actionable financial skills.

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 ...

Brandon Galarita is a freelance writer and K-12 educator in Honolulu, Hawaii. He is passionate about technology in education, college and career readiness and school improvement through data-driven ...

The Chart of Accounts (COA) is the backbone of the financial system. It provides the organizing framework for both financial and management reporting within the financial system. The COA structure is ...

As regulatory changes continue evolving, so does the financial landscape. Across industries, landscapes are shifting, and ...

The following general ledger/commitment items are used to record expenses as category 2 and 3 of the Statement of Financial Activity (SoFA) report. The categories are outlined alphabetically. Each ...

As the 2025 tax season ramps up, you may be looking to choose a tax or accounting firm that fits your financial needs, whether for tax or other financial reasons. The choices may seem overwhelming.

The Financial Accounting Foundation (FAF) annual report details its activities throughout 2024, highlighting how FASB and GASB engage with stakeholder groups to create and improve GAAP. The report ...

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 ...

Securities and Exchange Commission chairman Paul Atkins issued a warning that the SEC might eliminate a rule that allows multinational companies to present their financial statements in accordance ...