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

Learn the essentials of financial accounting tailored for enterprise executives. Make smarter decisions with 5 clear, actionable financial skills.

Accounting is one of the oldest-known professions. Archeological records demonstrate that as far back as 3500 BC the ancient Sumerians had royal scribes who performed record-keeping duties not too ...

In today’s dynamic business environment, the difference between a thriving enterprise and one that struggles often comes down to financial literacy. While passion, creativity, and operational ...

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 ...

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 ...

What Is Financial Accounting Standard 157 (FAS 157)? Financial Accounting Standard 157 (FAS 157) is the Financial Accounting Standards Board (FASB)’s controversial fair value accounting standard, ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Accounting principles help hold a company’s financial ...

Brandon Galarita is a freelance writer and K-12 educator in Honolulu, Hawaii. He is passionate about technology in education, college and career readiness and school improvement through data-driven ...

Many business programs are based on a foundation of what is known as the FAME subjects: finance, accounting, management and economics. Business students should gain a good working knowledge of all ...

Shanice Scott reflects on her accounting career pivot from SEC reporting to GL leadership and how resilience, relationships, ...

Oil and gas companies are using a gap in US financial reporting rules to omit from their balance sheets hefty obligations to ...