According to the CFA Institute, a balance sheet-based accruals ratio is "the difference between net operating assets at the end and the beginning of the period compared to the average net operating ...

An important accounting change is coming Tesla's way for the 2017 audit year. Combined with steeper losses from the slow Model 3 ramp, this change will force Musk’s hand and require timely and ...

Not all forms of accounting are the same. Some focus on costs, others on audits and some focus on taxes. While having a solid handle on your business’s finances is essential, how you track business ...

If you’ve ever messaged an online chatbot or asked Alexa a question, you’ve used machine learning. But do you know how machine learning in accounting can make a startup or small business’s processes ...

Financial accounting is the process of recording and reporting your business’s income, expenses, assets and liabilities, often with the help of software. This information gives managers, owners and ...

Keeping track of the money flowing into and out of your business is fundamentally important. Yet for some small businesses, financial accounting does not receive the proper attention to detail. Using ...

In this column last summer, I discussed the need for accounting help to manage the many ordering platforms hitting the market and some tools that make the confluence of traditional and digital ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in ...

Banks are bracing for the impact — on two fronts — of a new federal rule that will change how companies account for the cost of leasing everything from equipment to automobiles to space in office ...

When many people think of an accountant, a popular image that comes to mind is a math genius behind a desk wearing a suit and glasses, a calculator within arm's reach, doing taxes all day. And while ...

Henry Ford's famous dictum that his customers could have any color car they wanted — as long as it was black — reflected a brief era where drivers had few options. It wasn't more than a decade or two, ...