Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.
Maintaining a general ledger helps you gauge a business's financial health and avoid accounting mistakes. Learn what a ...
Learn about accounting interpretations, why they matter, and how they clarify standards, prevent errors, and provide consistency in financial reporting.
The two types -- or methods -- of financial accounting are cash and accrual. Although they're distinct, both methods rely on the same conceptual framework of double-entry accounting to record, analyze ...
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 ...
Minor small business accounting errors can have a significant effect on your business's finances. Learn the most common accounting mistakes to avoid.