Business bookkeeping gets very complex, with divisions and subsidiaries requiring their own set of accounts. When the business accounting records are established, every account is titled and assigned ...

To begin with, too many organizations wrestle with the issue of outdated software. Combine that with the fact that in today's increasingly distributed world, organizations are frequently composed of ...

LONG ISLAND, N.Y. — Starting a business can be both exciting and daunting, and while the potential upside can seem promising, the path for a startup may be packed with pitfalls, especially those that ...

When starting a new business, owners must decide which type of entity, or business structure, to choose. The business entity choice determines how taxes are filed, what accounting methods to use and ...

Gravity Software, which makes a cloud accounting solution built on the Microsoft Dynamics 365 platform, has introduced multicurrency and multi-entity accounting. Processing Content The new features, ...

The FASB decided in February to direct the FASB staff to draft a final Accounting Standards Update that will eliminate the special accounting treatment for development stage entities. The final update ...

The Federal Accounting Standards Advisory Board (FASAB) proposed to change lease accounting for federal government entities. The proposal would include a comprehensive set of lease accounting ...

The International Accounting Standards Board (IASB), which is the independent, accounting setting body of the International Financial Reporting Standard (IFRS) Foundation, regularly develops IFRSs to ...