Accounting

Setting Up Your Construction Accounting System: A Step-by-Step Guide Setting Up Your Construction Acco...

 Budgeting Ugh, budgeting is one of those topics we'd rather avoid, but in business, it's an absolute necessity. To prepare a reason...

 What is a sole proprietorship? A sole proprietorship is the business or an individual who has decided not to carry his business as a separa...

 What are partnerships and limited liability companies? Some business owners choose to create partnerships or limited liability companies in...

 What is a corporation? Most businesses start out as a small company, owned by one person or by a partnership. The most common type of busin...

 What is financial window dressing? Financial managers can do certain things to increase or decrease net income that's recorded in the y...

 Disclosure Financial statements are the backbone of a complete financial report. In fact, a financial report is not complete if the three p...

 What happened in corporate accounting scandals? When a corporation deliberately conceals or skews information to appear healthy and success...

 What is the Sarbanes-Oxley Act?  The Sarbanes-Oxley Act of 2002 is a United States federal law passed in response to the recent major corpo...

 What happened at Enron? Everyone knows at least a little about the Enron story and the devastation it created in the lives of is employees....

 Who uses forensic accountants? Forensic accounting financial investigative specialists work with financial information for the purpose of c...

 What is forensic accounting? Forensic accounting is the practice of utilizing accounting, auditing, and investigative skills to assist in l...

 What are auditors? Accountants and auditors help to ensure that the Nation's firms are run efficiently, its public records kept accurat...

What is the FASB? The FASB is one organization that provides standardized guidelines for financial reporting. The mission of the Financial A...

 Managing the Bottom Line If you don't keep track of how much money you're making, you have no idea whether your business is success...

 Quasar software Accounting has become more and more complex as have the businesses that use accounting functions. Fortunately, there are se...

 Building Cash Reserves Building a financial cushion for your business is never easy. Experts say that businesses should have anywhere from ...

 Investing and financing Another portion of the statement of cash flows reports the investment that the company took during the reporting ye...

 Depreciation reporting In an accountant's reporting systems, depreciation of a business's fixed assets such as its buildings, equip...

 Depreciation Depreciation is a term we hear about frequently, but don't really understand. It's an essential component of accountin...