Accounting

The Financial Accounting Standards Board (FASB) could have congressional lobbyists nipping at its heels over…

Risks abound in today’s uncertain marketplace. Nearly two-thirds of senior finance leaders said that the…

As businesses and not-for-profit entities increasingly rely on technology, cyberthreats are becoming more sophisticated and…

Auditors commonly use confirmations to verify such items as cash, accounts receivable, accounts payable, employee…

Under U.S. Generally Accepted Accounting Principles (GAAP), financial statements are normally prepared based on the…

Today, many companies share research or technology to develop new products. For example, manufacturers might…

The pandemic has presented numerous challenges for businesses, but it also taught us how to…

Recent supply shortages may cause unexpected problems for some businesses that use the last-in, first-out…

The updated lease accounting standard is currently in effect for private companies. After several postponements…

In the spirit of Independence Day, it’s a good time to review the rules for…