Understanding Financial Accounting: Principles, Methods & Importance

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.
JD Supra

The Importance of Accounting and Internal Controls (Part I of II)

Here are some basic propositions that surround FCPA compliance. It is often underplayed that the FCPA contains more than just a bribery prohibition – the FCPA contains broad provisions, requiring ...
Maryland Reporter

The Importance of Specialized Restaurant Accounting

Restaurant accounting is a specialized profession that focuses on restaurant finances. Its principal responsibility is guaranteeing that financial statements are correct, complete, and current. As ...
Investopedia

The 8 Important Steps in the Accounting Cycle

Evan Tarver has 6+ years of experience in financial analysis and 5+ years as an author, editor, and copywriter. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert.
JournalofAccountancy

Accounting Education: Response to Corporate Scandals

IN THE WAKE OF THE CORPORATE SCANDALS CAUSED by Enron, WorldCom and others, the CPA profession has taken numerous steps to turn crisis into opportunity. In particular colleges, universities and their ...
Accounting Today

Art of Accounting: Importance of small errors

I believe that small errors made by inexperienced staff can be excellent learning opportunities. A problem today is that fixing small errors seems to have gone by the wayside. Today's attitude is that ...
The CPA Journal

The Disproportionate Effects of Declining Interest Within Different Accounting Fields

In Brief While many articles have discussed the declining pool of accounting graduates, relatively few have investigated ...
Forbes

The Importance Of Accurate Financial Statements For Business Growth

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. As the chief operating officer at a firm specializing in financial and accounting services, ...
Accounting Today

Data is the future, but many finance teams aren't ready for it

While finance and accounting teams have big dreams for how data-driven decision making can boost their company, many have yet to fully implement a strategy to do so. This is according to a recent ...
Business Wire

New PICPA Insights Report Highlights the Importance of Benefits and Flexible Work Policies for Accounting Firm Leadership

PHILADELPHIA--(BUSINESS WIRE)--The Pennsylvania Institute of Certified Public Accountants (PICPA) is pleased to release its latest Insights report: 2025 Compensation and Benefits for Accounting Firm ...
Los Angeles Business Journal

2019 Most Influential Minority CPAs: Tax and Accounting Professionals Weigh in on the Importance of Diversity

Bloomberg Tax last year released a survey of more than 400 tax and accounting professionals regarding the state of diversity and inclusion within accounting firms and corporate tax and accounting ...