Discover how modified accrual accounting merges accrual and cash basis methods, its key principles, and why it's preferred by government agencies for accurate financial reporting.

The Governmental Accounting Standards Board released a proposed Implementation Guide with questions and answers on the ...

The startup, founded by accountants who worked at Flexport, Miro, Hopin and Thrive Global, automates the difficulties of ...

Variation in the quality of financial accounting reporting can explain more than 10 percent of the dispersion in productivity across private US firms.

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Access to a company’s financial accounting information is an extremely important factor in investigating its investment potential. Savvy investors want to know what’s on the balance sheet, what cash ...

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Accounting principles help hold a company’s financial reporting to clear and regulated standards. In the United States, these standards are known as the Generally Accepted Accounting Principles (GAAP ...

Now that U.S. companies have experienced two fiscal quarters in the midst of the novel coronavirus pandemic, quarterly reporting for Q3 doesn’t seem to be getting any simpler, according to a new ...

The CFOs of public companies and companies aspiring to go public know all too well that public reporting and, in particular, financial reporting is a rigorously demanding process. The constant influx ...

The International Accounting Standards Board (IASB) issued a new financial instruments standard that introduces an expected-loss impairment model. But the standard falls short of the goal of ...