Purpose: To provide an overview of the fundamentals for basic fund accounting and the financial reporting structure within the context of higher education accounting, Generally Accepted Accounting ...

Financial accounting is the process of recording and reporting your business’s income, expenses, assets and liabilities, often with the help of software. This information gives managers, owners and ...

Keeping track of the money flowing into and out of your business is fundamentally important. Yet for some small businesses, financial accounting does not receive the proper attention to detail. Using ...

Given new standards, changes in the economy, and corporate trends, accounting and financial reporting seem to grow more complex every year. The Financial Accounting Standards Board (FASB) has tried to ...

When reviewing job growth and salary information, it’s important to remember that actual numbers can vary due to many different factors—like years of experience in the role, industry of employment, ...

The Governmental Accounting Standards Board is looking for feedback on its preliminary proposals associated with accounting and financial reporting for severe financial stress and probable dissolution ...

The Financial Accounting Foundation's board of trustees appointed 13 new members to the Financial Accounting Standards Advisory Council, which advises the Financial Accounting Standards Board. "The ...

Tax accounting is a critical field that focuses on preparing and analyzing tax payments and returns. It differs from other accounting fields in that it is guided by specific tax-related provisions set ...

Doug Wintemute is a staff writer for Forbes Advisor. After completing his master’s in English at York University, he began his writing career in the higher education space. Over the past decade, Doug ...

Opinions expressed by Entrepreneur contributors are their own. It’s no secret that most startups are undercapitalized. They need every penny just to stay in business long enough to produce a positive ...