This article discusses a Tax Court decision, recently affirmed by the Court of Appeals for the Ninth Circuit, concerning when ...

Here are three additional drawbacks to keep in mind when using cash basis accounting: The key difference between the cash basis and accrual method accounting is the timing of when the transactions ...

The repeal of sales tax on most grocery items cost the city of Loveland $10.4 million in revenues in 2024, but gains in other ...

Service revenue is reported on the income statement under operating revenues, reflecting earnings from core business ...

If phantom income is not properly analyzed by counsel and the court in a matrimonial case, the result perforce may be ...

Payroll professionals frequently encounter confusion when calculating pay and leave accruals due to the difference between a 52-week year and a ...

Companies that use accrual accounting can book revenue ... auditor's reliability—when companies utilize the equity method for accounting in situations where they appear to control the subsidiary.

Golub Capital BDC, Inc., a business development company (Nasdaq: GBDC), today announced its financial results for its first fiscal quarter ended December 31, 2024.

Accrual-Based Earnings Management Accrual ... to reduce taxable income or smooth earnings. Although this method may comply with accounting rules, it can create misleading financial statements ...

Q4 2024 Earnings Conference Call February 18, 2025 7:30 AM ETCompany ParticipantsJuan Lin - Director, Investor RelationsRobin Li ...