Spotting financial statement fraud is crucial. Learn key signs and detection methods to protect your investments from risky ...

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

Discover the hidden details in financial footnotes essential for interpreting income statements, balance sheets, and cash ...

Businesses rely on financial statements to monitor performance, identify problems in the early stages and justify financing, as well as many other functions. Despite the differences among the ...

A handful of security deficiencies in IRS information systems elevate the tax agency’s risk of inaccuracies in financial statements, the Government Accountability Office said Thursday. In its report, ...

Assets, liabilities, owner's equity, revenue and expenses -- the five main elements of accounting -- each affect a financial statement differently. How each element affects a financial statement, ...

New concept statements released Wednesday address financial statement elements and factors FASB should consider in developing accounting guidance. The statements are presented as new chapters of ...

The Financial Accounting Standards Board released an accounting standards update Monday to improve financial reporting by requiring public companies to disclose, in their interim and annual reporting ...

Ecommerce businesses often face accounting challenges that go beyond bookkeeping errors. Many of these issues begin with ...

When you apply for business funding, lenders and investors want to ensure they won’t lose money on your venture. That’s why bringing detailed financial statements to your pitch meeting is crucial.

The accounting profession has experienced a transformative year in 2025, with changes that are reshaping how financial ...