Accounting divides your company assets into two classes: current and long-term. Current assets include cash and anything you use up or convert to cash over the next 12 months. Typical examples are ...

A significant report for every business leader to review, at least annually, is the balance statement. It gives business leaders insight into the financial health of the company. To get a true picture ...

Discover what accounting changes are, how they affect financial statements, and why full disclosure is essential for ...

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Learn what basis value is, how to calculate it, and see examples to understand its role in reducing tax burdens on fixed ...

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

To provide guidance for the accounting treatment of purchased and internally-generated intangible assets in compliance with gasb.No51 and University of Texas (UT ...

Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

This guideline provides guidance for capitalization, depreciation/amortization and construction in progress of capital assets purchased, constructed or developed ...

Poised to wreak havoc on the climate of Earth, our only home, is a phenomenon we’ve been observing for 150 years: an increase in Earth’s mean temperature. To mitigate the global climatic disruption ...