Financial accounting is the process of recording and reporting your business’s income, expenses, assets and liabilities, often with the help of software. This information gives managers, owners and ...

It's no secret that proper financial planning is key to a successful future. But what many people don't know is what happens to their tax liability with a well-thought-out plan. For example, what ...

Financial advisors frequently center wealth-building conversations on assets such as investments, property and retirement ...

The Financial Accounting Standards Board has decided to tweak some of its standards related to contract assets and liabilities for construction contractors in response to recommendations from its ...

Applying New Jersey law, the United States District Court for the Southern District of Florida has held that an insurer had no duty to defend or indemnify an insured’s subsidiary because the auditing ...

Accounting for initial franchise fees is a pivotal area in franchise accounting as it directly impacts the franchisor’s earnings and cash flows. The initial franchise fee is a major component of a ...