Discover the three essential financial statements required by GAAP: income statement, balance sheet, and cash flow statement, ...

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

Discover the hidden details in financial footnotes essential for interpreting income statements, balance sheets, and cash ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Accounting principles help hold a company’s financial ...

Many of the most damaging issues in financial reporting and tax compliance stem from ordinary mistakes in organizations that ...

The Governmental Accounting Standards Board is proposing a set of improvements in how state and local governments report on their financial condition. GASB issued the proposals Friday on how to ...

The accounting profession has experienced a transformative year in 2025, with changes that are reshaping how financial ...

PRNewswire/ - The 2025 Accounting Data Quadrant Report from Info-Tech Research Group, a global leader in research and advisory, identifies the top accounting solutions for 2025 across the enterprise, ...

The changing environment in the economy has been a massive influence on the business and political world. In particular, constant change has had an impact on where companies and people choose to put ...

Tax-exempt organizations are working through the biggest change to not-for-profit financial reporting in 25 years. FASB Accounting Standard Update (ASU) No. 2016-14, Not-for-Profit Entities (Topic 958 ...