A balance sheet is a company's financial big picture for a particular moment in time. Every financial decision a business makes will eventually land on the balance sheet but understanding how the ...

Posting transactions in the general ledger is part of the accounting process. Journal entries are created first and then they have to post to the general ledger to affect reports. If you don't post ...

The accounting cycle tracks a transaction until it’s added to your company’s financial statement. Follow this eight-step ...

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, ...

Increasingly complex multinational value chains, partly the result of industry consolidation or globalization, and more scrutiny from auditors and regulators are causing more and more companies to run ...

Accounting Standards Update 2018-08 - Not-For-Profit Entities (Topic 958): Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made serves to clarify and ...

Larger M&A transactions and the resurgence of SPACs are reshaping the market, increasing the stakes for accurate, timely, and well-informed accounting decisions.

Understanding multi-currency accounting, exchange-rate control, and global reporting for smoother cross-border operations. Multi-currency support helps businesses manage global transactions by ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Accounting is the structured way you record, organise, and review a company’s financial activities. It helps you track where money comes from, where it goes, and what it means for the business. Once ...