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

Financial accounting refers to the generally accepted accounting principles used to create financial statements for the public, while tax accounting follows the rules of the Internal Revenue Service.

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

Learn about accounting interpretations, why they matter, and how they clarify standards, prevent errors, and provide consistency in financial reporting.

Learn about footings in accounting: how they function in balance sheets, their importance in finalizing balances, and a ...

A business bank statement tracks transactions, balances, and cash flow. Learn key components and tips for better financial management. A business bank statement is an official financial document ...

Accounting is vital to a business’s financial hygiene; here’s everything entrepreneurs need to know about it. Many, or all, of the products featured on this page are from our advertising partners who ...

A transfer is the movement of funds between accounting elements within the University. The following sections will provide general guidelines for University transfers and specific information for FY ...

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 ...