Non-profit organizations are not in business to make a profit. This simple but significant issue points to the absence of profits or losses in the non-profit world--a major difference as compared with ...

Business bookkeeping gets very complex, with divisions and subsidiaries requiring their own set of accounts. When the business accounting records are established, every account is titled and assigned ...

The Financial Accounting Standards Board has issued a new Accounting Standards Update to address growing confusion over what ...

Accounting is a foundational process for every business, no matter how big or small. Learn what accounting is, why it matters and how to make it work for you. Keeping accurate financial records is the ...