Accounting rate of return is a tool used to decide whether it makes financial sense to proceed with a costly equipment purchase, acquisition of another company or another sizable business investment.

Andriy Blokhin has 5+ years of professional experience in public accounting, personal investing, and as a senior auditor with Ernst & Young. Investors use financial statements to obtain valuable ...

Any business, anywhere in the world, no matter how big or small can represent virtually all its operations with three main financial statements: the balance sheet, the income statement—also called the ...

While bookkeeping and accounting are both essential business functions, there is an important distinction. Bookkeeping is responsible for the recording of financial transactions. Accounting is ...

It's crucial to understand the significant impact businesses have on the environment — and accounting for carbon emissions is a fundamental step in this process. Reporting carbon emissions is ...

In today's rapidly evolving financial landscape, artificial intelligence has firmly established itself as more than just a buzzword—it has become the backbone of modern accounting practices. This ...

There's more than one way to account for Research and Development (R&D). A business using the accrual method of accounting will treat R&D costs as expenses. A business contracted to undertake R&D for ...

Greg DePersio has 13+ years of professional experience in sales and SEO and 3+ years as a writer and editor. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...