Learn the principles of financial accounting, its importance, and how it functions to provide a clear picture of a company's financial health and compliance.

Many businesses use some form of management accounting, whose functions include budgets, cost allocation methods and cost-volume-profit or break-even analysis. Strategic management accounting goes ...

Small business owners use accounting to record, report and analyze their company's financial information. Segregation of accounting duties is the concept of creating a division of labor in a company's ...

Q How do you see the role of the accountant changing in the next few years? A Accounting is more competitive today than at any time in history, as accountants strive to match the expectations of ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. For example, does a Series A company always need less finance and accounting support than a ...

Let’s set the scene. A privately held company’s longtime controller gives notice. With only one other accounting person on staff, the owner is left scrambling for a fix until a new controller can be ...