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

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, ...

Many businesses pay for blocks of certain services up front. These services retain a monthly value to the business but may not be expensed, or charged to an expense account, in full at the time the ...

While large corporations and publicly traded companies must follow the financial accounting, small businesses have the choice of using either the financial accounting method or the tax accounting ...

2019 heralded the start of a financial reporting revolution, as new leasing standards came into effect-transforming company balance sheets across industries. The new guidelines require businesses to ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Every CFO knows the faster their finance team can close the books and deliver real-time ...

A transfer is the movement of funds between accounting elements within the University. The following sections will provide general guidelines for University transfers and specific information for FY ...

LOS ANGELES, CA, UNITED STATES, October 15, 2025 /EINPresswire.com/ -- On July 30, 2025, the Financial Accounting Standards ...