Unearned revenue is a liability because it represents a company’s obligation to deliver goods or services in the future.

President Trump has taken the first steps toward fulfilling his promise to reverse the Biden administration’s approach to digital assets by issuing ...

Kenya has set a three-year roadmap towards fully shifting its financial transactions to an accrual basis of accounting from ...

The expanded accounting equation builds upon the basic accounting equation's use of assets, liabilities and equity by ...

The Financial Services Commission noted that it held its second meeting on the 5th and decided to impose a penalty surcharge on Vidente, DI Dongil, and Korea Land Trust, which violated accounting ...

Market Regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs25 lakh on eight entities, ...

The industry trade group AICPA reviewed the study by Sutherland as part of its overall assessment on accounting talent and ...

Looking for a trustworthy advisor who's worked with high-net-worth clients? Here are some practical steps to take.

At least one rule enshrined by President Biden's administration appears safe under President Trump's team. Here's how a 2019 ...

Elon Musk of the Department of Government Efficiency has sought to find $1 trillion or $2 trillion to cut from the federal ...

The court ultimately decided against imposing vicarious liability on the bank, stating that "no encouragement should be provided to parties who contractually agree to do certain things, fail to do ...