Accounting

Business owners and investors are understandably concerned about skyrocketing inflation. Over the last year, consumer…

Financial statements look at historical performance. But there are times when you want forward-looking reports…

Maintaining the status quo in today’s volatile marketplace can be risky. To succeed, businesses need…

Financial statements tell only part of the story. Investors, lenders and other stakeholders who know…

Many companies have an internal audit department that tests whether the organization is accurately reporting…

In today’s volatile economy, many businesses and nonprofits have been required to write down the…

In recent years, accounting rule makers have issued guidance that requires certain items on the…

Small businesses may start off using the cash-basis method of accounting. But many eventually convert…

Major events or transactions — such as a natural disaster, a cyberattack, a regulatory change…

Business transactions with related parties — such as friends, relatives, parent companies, subsidiaries and affiliated…