Basic Accounting Principles and Full Disclosure. Basic accounting principles form guidelines that govern the preparation of financial reports. These guidelines provide a comprehensive framework ...

For a small business, accounting involves tracking money flow in various forms, including operating expenses (e.g., marketing, utilities, rent), cost of goods sold, accounts receivable and sales.

The expanded accounting equation is a form of the basic accounting equation that includes the distinct components of owner's equity, such as dividends, shareholder capital, revenue, and expenses.

Accounting is the process of keeping track of all financial transactions within a business, such as any money coming in and money going out. It’s not only important for businesses in terms of ...

To better advise their clients, in-house counsel should understand key accounting principles and steps in the accounting cycle, including journal entries, the general ledger, trial balances ...

From accounting basics to advanced financial training, the Campus Controller's Office offers a wide range of general and customized courses to fit your needs.

This article explores how businesses of all types evolve through different stages of financial maturity, moving from the foundation of accounting basics to the peak of strategic decision-making.

The accounting equation defines a company’s total assets as the sum of its liabilities and shareholders’ equity. It's the foundation of the double-entry accounting system.

Accounting is also easier for sole proprietorship organizations. Business owners with little or no accounting background can usually maintain their company's financial records using a few basic ...

The reference guide, PPC's Nonprofit Tax and Governance Guide: Helping Organizations Comply, addresses the tax and operational issues encountered by nonprofit organizations, including governance, ...

Simply Accounting Basic does, however, provide goodies unusual in a $49 package. Integrated job-costing tracks the basics, and you can create comprehensive employee records and issue payroll checks.