Learn about changes in accounting principles and why businesses make them, as well as the reporting and recording ...

Learn about the Statement of Financial Accounting Concepts issued by FASB, outlining financial reporting principles and their role in shaping GAAP standards.

Small-business owners who want to maximize their company's potential should practice fundamental accounting and understand the fundamental accounting equation. You need a professional accountant – not ...

Accounting isn't supposed to exist in a vacuum. The relevance of accounting to your business is measured by how useful it is for helping you make decisions. If you're considering replacing the company ...