Discover how micro accounting works at personal, corporate, and government levels. Learn its processes and how it contrasts with macro accounting strategies.

NORWALK, Conn.--(BUSINESS WIRE)--When the Financial Accounting Standards Board (FASB) issues a final standard, it means the FASB has concluded that the benefits derived from the standard justify the ...

Whether you do it yourself or rely on accounting software, finance tracking is essential for small business owners.

The Securities and Exchange Commission Statement of Policy reaffirming the status of the Financial Accounting Standards Board as a designated private-sector standard-setter (Release Nos. 33-8221; ...

Learn how double-entry accounting records transactions twice, ensuring balance and accuracy by showing both a credit and a ...

Knowing where your client’s business stands financially has never been more critical for its financial health than now. As the past year-plus has shown, you never know when a sweeping global event ...

Accounting is a necessary practice in every successful business, and it involves way more than just tracking your expenses. Accounting includes recording your financial transactions for statements, ...

The primary difference between financial and managerial accounting is one of audience. There are certain measures and metrics that may be more important to the operational control of business elements ...

As with all businesses, a manufacturing company uses a sequence of events known as an accounting cycle to prepare financial statements. Being a manufacturer brings some specific requirements, notably ...

A transfer is the movement of funds between accounting elements within the University. The following sections will provide general guidelines for University transfers and specific information for FY ...