Learn how trade date accounting records transactions on the agreement date, its benefits over settlement date accounting, and its impact on financial statements.

Artificial intelligence is a new trend in the globalization of finance, and ChatGPT is at the front line of serving the finance world. Given its capabilities, ChatGPT has the potential to transform ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. In the world of mergers and acquisitions, earnouts (also ...

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

Learn how administrative accounting supports decision-making and operational control with roles like payroll management and budgeting. Discover key differences from financial accounting.

How rule-based finance automation reduces manual work and speeds up processing. The post What are automated workflows in accounting, and how do they save time? appeared first on Digital Trends. The ...

One of the common misconceptions about blockchain is that it’s one technology. You may have heard or seen references to companies tracking supplies on the blockchain or smart contracts being executed ...

The B2B payment landscape has undergone several significant shifts in recent years, with a clear trend toward digital payments and automation. Many B2B transactions that once relied on paper checks or ...

The demand for high-quality accountants is surging, but in today’s hiring environment, the supply is constrained. That’s led to struggles in many companies’ accounting departments. “They’re getting ...

The handling of prepaid expense deferrals and expense accruals will be consistent with the last nine fiscal years. General Accounting processes all prepaid expense deferrals and accruals for all of ...