Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

The Governmental Accounting Standards Board is proposing a set of improvements in how state and local governments report on their financial condition. GASB issued the proposals Friday on how to ...

The Financial Accounting Standards Board published an accounting standards update with the goal of improving the navigability of the required interim reporting disclosures while clarifying when that ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Accounting principles help hold a company’s financial ...

In today’s fast-paced business environment, efficient and accurate financial reporting is crucial for making informed decisions. Manually consolidating and transforming financial data from multiple ...

In the white paper Measurement of Fair Value for Certain Transactions of Not-For-Profit Entities, the AICPA’s Financial Reporting Executive Committee (FinREC) provides guidance to not-for-profits on ...

As we head into 2026, the accounting profession faces a defining moment: the transition from traditional financial reporting to real-time business ...

The changing environment in the economy has been a massive influence on the business and political world. In particular, constant change has had an impact on where companies and people choose to put ...

IN CERTAIN INSTANCES CPAs SHOULD CONSIDER preparing and reporting on financial statements using an “other comprehensive basis of accounting” (OCBOA). Tax-basis and cash-basis, including ...

Paperchase announced an expansion of accounting support for hospitality operators that reflects a broader shift within the sector from transaction-focused bookkeeping toward structured financial ...

BREVARD COUNTY • MELBOURNE, FLORIDA – The City of Melbourne has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the ...