Accounting

Business transactions with related parties — such as friends, relatives, parent companies, subsidiaries and affiliated…

Recently, the news media has given a lot of attention to initial public offerings using…

Starting in fiscal year 2022, all entities — except nonprofit organizations in the scope of…

The first page of audited financial statements is the auditor’s report. This is an important…

Spring is the time of year that calendar-year-end businesses issue financial statements and prepare tax…

Footnotes appear at the end of a company’s audited financial statements. These disclosures provide insight…

Revenue and expenses, as reported on your company’s income statement, have limited usefulness to people…

Your business needs financial statements so management can monitor performance, attract investment capital and borrow…

Forecasting key business metrics — such as sales demand, receivables, payables and working capital —…

  Ineffective inventory management and reporting can result in bloated working capital and impaired business…