Investors need to be aware of the signs of financial statement manipulation by a company when evaluating its stock.

Spotting financial statement fraud is crucial. Learn key signs and detection methods to protect your investments from risky corporate behavior.

Maintaining a general ledger helps you gauge a business's financial health and avoid accounting mistakes. Learn what a ...

A company may set its competitive sights high to make money and make more of it over time, but it must heed its accounting cycle to ensure personnel follow stipulations top leadership has established.

Assets, liabilities, owner's equity, revenue and expenses -- the five main elements of accounting -- each affect a financial statement differently. How each element affects a financial statement, ...

New concept statements released Wednesday address financial statement elements and factors FASB should consider in developing accounting guidance. The statements are presented as new chapters of ...

IN CERTAIN INSTANCES CPAs SHOULD CONSIDER preparing and reporting on financial statements using an “other comprehensive basis of accounting” (OCBOA). Tax-basis and cash-basis, including ...

Find out what to include in a cash flow statement, as well as its limitations and how cash flow is calculated.

The Financial Accounting Standards Board's recent accounting standard update prescribing a current expected credit loss, or CECL, impairment model for financial assets forces the banks to set aside ...

Accounting is the structured way you record, organise, and review a company’s financial activities. It helps you track where money comes from, where it goes, and what it means for the business. Once ...

When you apply for business funding, lenders and investors want to ensure they won’t lose money on your venture. That’s why bringing detailed financial statements to your pitch meeting is crucial.