Financial accounting is a specific type of accounting that uses standardized processes and guidelines for businesses to record their financial transactions and prepare financial statements for ...

The whole Enron/Global Crossing/Who's Next accounting scandal has caught the public's imagination. Certainly, it points to a need for accounting reform. All of us can envision our 401(k)s sinking in ...

A business owner must understand his numbers to ensure that he is on track to profitability and desired growth. Without understanding things such as costs, margins and profits, the owner is risking ...

We are a team of writers, experimenters and researchers providing you with the best advice with zero bias or partiality. Proper bookkeeping is an unavoidable task when running a small business, but ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Accurate bookkeeping is a necessity for any business.

Proper bookkeeping is an unavoidable task when running a small business, but learning how to keep accounts as a business owner can be stressful. That’s why we’ve designed this simple, ...

Students graduate college with accounting degrees, but that doesn’t mean they’re ready to be accountants. I spoke with Ben Mulling, CMA, CPA, CITP, who became CFO of TENTE Casters Inc. at the age of ...

Bookkeeping vs. Accounting: What Are the Key Differences? Your email has been sent Learn the differences between bookkeeping and accounting, including their respective roles and responsibilities. If ...

Daily deal site Groupon has faced heavy criticism over some of its accounting terminology in the company's S-1 IPO filing with the SEC. It was bad enough that the Securities and Exchange Commission ...