Accounting

The coronavirus (COVID-19) outbreak — officially a pandemic as of March 11 — has prompted…

The rules for reporting leasing transactions are changing. Though these changes have been delayed until…

Accounts receivables are classified under current assets on the balance sheet if you expect to…

Roughly half of CFOs believe an economic recession will hit by the end of 2020,…

Auditors use various procedures to verify the amounts reported on your financial statements. In addition…

Finding the right person to head up your company’s finance and accounting department can be…

Contingent liabilities reflect amounts that your business might owe if a specific “triggering” event happens…

Construction contractors, professional service firms, specialty manufacturers and other companies that work on large projects…

Before you jump headfirst into the year-end financial reporting process, review the role independent audit…

You already may have reviewed a preliminary draft of your company’s year-end financial statements. But…