Understanding key accounting terms is essential for entrepreneurs to effectively manage their businesses' finances and make informed decisions. Moreover, understanding the standard accounting and ...

Accounting, the language of business, can certainly seem like a foreign language for those new to finance or owning their own business. Accounting terms -- such as labor, overhead and materials -- are ...

The whole Enron/Global Crossing/Who's Next accounting scandal has caught the public's imagination. Certainly, it points to a need for accounting reform. All of us can envision our 401(k)s sinking in ...

One of the most common mistakes made by small businesses is getting the method wrong for replenishing a petty cash account. It is often caused by misunderstanding the basics behind the transaction.

This article was paid for by Intuit QuickBooks. Running a small business can be exciting and rewarding. But it also comes with a long list of tasks that have little to do with why you opened your ...

Financial accounting is a specific type of accounting that uses standardized processes and guidelines for businesses to record their financial transactions and prepare financial statements for ...

Cash- and accrual-based business accounting are two methods for tracking financial performance. Learn which is right for your business.

While the accounting terminology differs from REITs, many of the same pitfalls arise when evaluating MLP payout ratios using standard net income figures. In today's article, we’ll use Enterprise ...

Proper bookkeeping is an unavoidable task when running a small business, but learning how to keep accounts as a business owner can be stressful. That’s why we’ve designed this simple, ...

Bookkeeping vs. Accounting: What Are the Key Differences? Your email has been sent Learn the differences between bookkeeping and accounting, including their respective roles and responsibilities. If ...