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Spotting creative accounting practices on the balance sheet can be broken down into three categories for analysis: assets, liabilities, and equity.
The balance between assets, liability, and equity can be illustrated in the straightforward example of purchasing a car. For example, suppose you purchase a car for $10,000. In this case, you ...
Accounting 101 Basics. Basic accounting provides information to identify and classify financial transactions. Business owners often need basic accounting skills to manage their company's financial ...
Accounting and Financial Management Governance – Balance Sheet The Balance Sheet represents the financial position of the University and Business Areas at a particular point in time. The Balance ...
A balance sheet is a financial statement that provides a broad overview of a given firm's assets, liabilities and shareholders' equity. This important document gives management and other ...
In mid-February, we received an e-mail about our off-balance-sheet financing column (“Off-balance-sheet financing: Holy Grail or holey pail?” Accounting Today, Feb. 11-24, 2008, page 13) from Craig ...
The Financial Accounting Standards Board will meet again Wednesday to touch up its accounting plan for off-balance-sheet entities - a plan whose implementation banking officials and accountants have ...
3 ways to analyze a balance sheet When you evaluate your balance sheet, you are assessing the financial health of your business by looking at factors such as its assets, liabilities and equity. By ...
Bitcoin on the Balance Sheet Is an Accounting Headache for Tesla, Others Tesla and other companies that hold the notoriously volatile cryptocurrency often must record impairment charges when its ...
A big change in lease accounting due in January of 2019 will affect every public and private company in the U.S., just like the tax revamp and the new rules for recording revenue that took effect ...