Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Learn about cash allowances, their purpose, how they work, common types, and the factors influencing the amount. Ideal for ...

The Federal Accounting Standards Board develops the generally accepted accounting principles, or GAAP, which are accepted and used universally by certified public accountants. Businesses use the GAAP ...

A petty cash fund is an amount of currency issued and held by a department to cover payments to research participants and all departments maintaining a petty cash fund should exercise controls over ...

University organizational units may be provided a designated amount of cash for payment of incidental expenses of a nominal amount that require cash payment and that are not appropriately billed by ...