While a financial statement audit definitely requires cooperation between the company and the auditor to be completed, different parts of the process are clearly the responsibility of either the ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Vikki Velasquez is a researcher and writer who has managed, coordinated, and ...

The Financial Accounting Standards Board issued an accounting standards update with guidance on accounting for government ...

Money is a great motivator of human behavior, which is why financial reports must contain truthful and unbiased information. Accountants must prepare unbiased, truthful and accurate financial reports ...

The accounting cycle tracks a transaction until it's added to your company's financial statement. Follow this eight-step ...

IMGCAP(1)]Accountants are really nice people who look for ways to help and better serve clients. Sometimes we present the appearance that we are doing something or are assuming a responsibility that ...

In an increasingly data-driven business world, accountants and financial advisors are indispensable to organizational strategy and success. They are responsible for collecting and tracking key ...

A new Accounting Standards Update establishes previously missing GAAP guidance related to the recognition, measurement, and presentation of government grants received by a business entity. A pair of ...

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, ...