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

Sale and leaseback transactions have long been popular because they present benefits to both seller-lessees and buyer-lessors. The accounting for such transactions has changed significantly, though, ...

Discover how accounting software aids financial transactions, simplifies audits, and saves space. Explore types, benefits, ...

In the previous issue, we republished a column from 2008 to help readers who might be confused or even baffled by the massive paradigm shift contained in the recent lease accounting exposure draft ...

When accountants face the prospect of a business combination, there will be many challenges to prepare for in the deal and the accounting for it. One of the first challenges is the strategic ...

While large corporations and publicly traded companies must follow the financial accounting, small businesses have the choice of using either the financial accounting method or the tax accounting ...