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

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

Discover when businesses must use accrual accounting and how it differs from cash accounting. Learn why it's essential for ...

In this blog post, Field Editor Kylene Scott questions her accounting techniques and prep for year end tax meetings, as well ...

Crafting a standout accounting resume is essential for breaking into or advancing within the finance industry. Whether you’re an entry-level accountant or a seasoned CPA aiming for a six-figure role, ...

The Public Company Accounting Oversight Board released a staff publication highlighting problems it's seeing with audits of journal entries. Processing Content The publication, Audit Focus: Journal ...

Large accounting firms will have to submit financial statements annually to the U.S. audit regulator for the first time, among new requirements that have faced pushback from auditors but have received ...

Is your accounting team doing too much manual work? To understand the answer to this question, one helpful metric to track, benchmark and manage is the percentage of automated, recurring journal line ...

Elvis Presley is credited for once stating “I have no use for bodyguards, but I have very specific use for two highly trained certified public accountants.” Today, CPAs enjoy a collective reputation ...

Myriad articles have been written about accounting’s pipeline problem over the past couple of years, but for firms and finance departments, the story can be summarized in one sentence: To address the ...

U.S. companies may need to report cash amounts tied to their software expenditures, more of which would be moved off corporate balance sheets under a forthcoming proposal to update decades-old ...