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

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.

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 ...

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 ...

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To continue reading this content, please enable JavaScript in your browser settings and refresh this page. A version of this article first appeared on EideBailly.com ...

Every CFO knows the faster their finance team can close the books and deliver real-time insights to stakeholders, the more strategic value they bring to the business. Financial close is one of the ...

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 ...

As your company grows, so do its financial requirements. In my time as COO of a financial services firm, I've seen the mishaps that can happen when a company relies only on traditional accounting ...

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 ...