Understanding Accounting Changes: Principles, Estimates, and Impact

Discover what accounting changes are, how they affect financial statements, and why full disclosure is essential for ...
Investopedia

Accounting Principles: What They Are and How GAAP and IFRS Work

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Yarilet Perez is an experienced ...
Houston Chronicle

Principles and Importance of Accounting for a Business

If you're the type of small-business owner who prefers to spend your time cooking food or making pottery to working, you may resent the time and effort you have to put into accounting. However, ...
Business.com

What Is GAAP? A Guide to Generally Accepted Accounting Principles

If you run a small business, you may not know much about the Generally Accepted Accounting Principles (GAAP). After all, GAAP standards apply mainly to publicly traded companies, so these rules don’t ...
Forbes

The Dangers Of Keeping Multiple Accounting Books For Your Business -- And How To Fix It

As a CFO and accountant, I’ve created the books, cleaned up the books, and used the books to tell management about their company. To me, a company’s accounting books are sacrosanct. They contain 100% ...