Learn how Financial Statements should be presented to a bank so that it can perform a fast and precise analysis of the financial health of the business.
Generally accepted accounting principles (GAAP) are a common set of accounting principles, standards and procedures that companies must follow when they compile their financial statements. GAAP is intended to improve the clarity of the communication of financial information.
Get up-to-date on the latest U.S. Generally Accepted Accounting Principles (GAAP), and see how they will your industry.
Take a moment to understand the exact meaning of an accounting term and how it's used.
Learn about the key factors impacting how your company business operates in the U.S. and internationally.
Discover the key rule changes and key terms when it comes to debt classification.
If you have clients who issue GAAP-basis financials or are nonprofit organizations, big changes in lease accounting are on the way.
In part 2 of Liz Farr's series on companies issuing gift cards, learn about the tax implications associated with these products.
Stay informed on the latest trends in industry revenue recognition.
Learn more about the new standard being used to recognize revenue.
Learn how FASB's new revenue recognition guidance will affect software as a service (SaaS) and software companies.
Get the most current information on why SSARS 21 Section 70 allows CPAs to prepare financials from unaudited books and records.