Financial statements report the business activities and financial performance of a company. Learn how they are used by executives, investors, and lenders.

Business accounting procedures provide essential information that supports professional decision-making. Management and financial accounting are two methods for tracking, recording and interpreting ...

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 ...

The accounting cycle tracks a transaction until it’s added to your company’s financial statement. Follow this eight-step ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Accounting is the process of keeping track of all financial ...

Accounting is a foundational process for every business, no matter how big or small. Learn what accounting is, why it matters and how to make it work for you. Keeping accurate financial records is the ...

Not all forms of accounting are the same. Some focus on costs, others on audits and some focus on taxes. While having a solid handle on your business’s finances is essential, how you track business ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. The three main types of accounting for businesses are ...