Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

Learn about accounting interpretations, why they matter, and how they clarify standards, prevent errors, and provide consistency in financial reporting.

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

Financial accounting refers to the generally accepted accounting principles used to create financial statements for the public, while tax accounting follows the rules of the Internal Revenue Service.

Learn about footings in accounting: how they function in balance sheets, their importance in finalizing balances, and a ...

The two types -- or methods -- of financial accounting are cash and accrual. Although they're distinct, both methods rely on the same conceptual framework of double-entry accounting to record, analyze ...

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 ...

Accounting is vital to a business’s financial hygiene; here’s everything entrepreneurs need to know about it. Many, or all, of the products featured on this page are from our advertising partners who ...

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 ...