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 ...

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.

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 ...

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 ...

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 ...

The new lease accounting rules (Accounting Standards Update N0. 2016-02; Topic 842) will require the recognition of lease assets and lease liabilities for those leases classified as operating leases ...

Becoming a Certified Public Accountant (CPA) without an accounting degree is a viable career path for many aspiring professionals. Learn the steps and strategies for achieving CPA certification ...

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 ...