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

Not all forms of accounting are the same. Some focus on costs, others on audits and some focus on taxes. While having a solid handle on your business’s finances is essential, how you track business ...

Paperchase announced an expansion of accounting support for hospitality operators that reflects a broader shift within the sector from transaction-focused bookkeeping toward structured financial ...

Businesses provide products or services in exchange for money. The purpose of accounting is to record these financial exchanges or transactions. Simply put, accounting transactions are records kept of ...

This year’s AAA Annual Meeting, held online, showcased the creativity and versatility of accounting faculty. They shared a wealth of great teaching ideas, many of which they had to develop on the fly ...

The value you add to your products is what convinces your customers to buy them. Non-value-added activities add costs to your product without enhancing the value. Cost accounting is a managerial ...

Anna Baluch is a freelance writer from Cleveland, Ohio. She enjoys writing about a variety of health and personal finance topics. When she's away from her laptop, she can be found working out, trying ...

Bookkeeping vs. Accounting: What Are the Key Differences? Your email has been sent Learn the differences between bookkeeping and accounting, including their respective roles and responsibilities. If ...

LOS ANGELES, March 12, 2025 /PRNewswire/ -- The U.S. Securities and Exchange Commission (SEC) drastically reduced its accounting and auditing enforcement activity in fiscal year 2024, the final year ...

Creativity is the key to keeping the current generation engaged in the classroom. “Today’s students have so many more distractions—buzzes and beeps from their cellphones letting them constantly know ...

Activity codes are optional four digit numerical codes in FAS that may be used to define the activities of a unit in more detail than is available through the account codes. For example: If a ...