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.

The balance sheet and income statement of a bank's financial statements contain unique characteristics that can help you decipher how banks make money.

If you have an open account with a financial institution, you’ll receive a statement for that account periodically. What is an account statement? In simplest terms, it’s a summary of the transactions ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Accounting principles help hold a company’s financial ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. There are a number of types of accounting, serving a wide ...

The AICPA Accounting and Review Services Committee (ARSC) voted Wednesday to issue an amendment clarifying that a CPA preparing financial statements as part of a consulting services engagement ...

MALAYSIAN companies have less than two years to prepare for one of the most significant changes to corporate reporting. Yet ...

Earlier this year, Quantum Corporation disclosed it could not timely file its annual financial report due to internal accounting reviews, later announcing a restatement of financial statements and the ...

Phillip Bird of Alexander Heights, WA, and Daniel Holmes of Beechboro, WA, have each been charged with two offences of aiding, abetting, counselling ...