Some benefit plans are required to include an opinion from an independent qualified public accountant (IQPA) when filing Form 5500 each year.
The Financial Accounting Standards Board (FASB) hasn’t issued any major new accounting rules in 2019.
Here’s what your auditor is doing behind the scenes to prepare for your audit — and how you can help facilitate the audit planning process.
The concept of “matching” is one of the basic principles of accrual-basis accounting.
Goodwill shows up on a company’s balance sheet when the company has been acquired in a business combination.
Working capital is the difference between a company’s current assets and current liabilities. For a business to thrive, its working capital must be greater than zero.
Change-in-control events — like merger and acquisition (M&A) transactions — don’t happen every day.
Most businesses report financial performance using U.S. Generally Accepted Accounting Principles (GAAP).
Whether it’s hard hats and drills on a jobsite, iPads in an office or RFID readers in a warehouse, small tools and equipment have a tendency to disappear at many compa