Small-business owners who want to maximize their company's potential should practice fundamental accounting and understand the fundamental accounting equation. You need a professional accountant – not ...

It may seem belated, but the Governmental Accounting Standards Board has just recently gotten around to defining such fundamental accounting concepts as "asset" and "liability."It has also defined a ...

Accounting isn't supposed to exist in a vacuum. The relevance of accounting to your business is measured by how useful it is for helping you make decisions. If you're considering replacing the company ...

An Accountancy minor provides students with an understanding and appreciation of fundamental accounting concepts and of how accounting information and systems are developed and used within ...