The Financial Accounting Standards Board will add a new project to its agenda and reconsider its accounting guidance for pensions and other retirement benefits. The board's past guidance on the ...

Although no one knows when double-entry accounting first emerged, but Italian mathematician and Franciscan friar Luca Pacioli wrote the first codified system describing the technique in the late 1400s ...

Workers across the country say you can't put a price on great benefits, according to a new survey. The American Institute of CPAs released the results of its "2018 Employee Benefit Report" this week, ...

Journal entries are used to change accounting information in financial systems. Following the double-entry system used in modern accounting, these entries always affect at least two accounts -- one ...

Learn how accounting-based incentives reward executives, explore their benefits and potential risks, and how they align executive and shareholder interests.

Let’s set the scene. A privately held company’s longtime controller gives notice. With only one other accounting person on staff, the owner is left scrambling for a fix until a new controller can be ...

Learn how trade date accounting records transactions on the agreement date, its benefits over settlement date accounting, and its impact on financial statements.

As with other financial decisions, choosing the right accounting software for your business requires carefully weighing the benefits and risks. You may decide that you don’t need accounting software ...

The difference between the long-term interest rates for loans and the short-term interest rates for deposits – known as the “interest rate margin” – is the main source of profitability for a ...