Opinion: Transformation doesn’t require overnight change, but the accounting and audit firms that move first won’t just keep ...

Explains how carbon credits have evolved into monetisable assets and outlines key accounting recognition, income-tax treatment under section 115BBG, and GST considerations in ...

Litigation risk refers to potential legal actions a company may face from products, services, contracts, or shareholder actions. Learn how to assess and manage these risks.

The final A&A Focus webcast of 2025 brought together timely technical updates, practical guidance for year-end reporting, and clear explanations of several new and forthcoming accounting standards.

GAAP ensures public companies report finances consistently for clear investor comparisons. GAAP adherence is mandated by the SEC, crucial for comparing financial performance. Understanding GAAP helps ...

Accounting profit, calculated as revenue minus all costs, directly impacts stock prices. Economic profit includes opportunity cost, providing deeper insight into resource utilization. Cash flow, often ...

Deciding where to invest your capital is one of the most critical decisions a business owner or a financial manager can make. It’s a process of weighing potential returns against the risks of a ...

An organization's general ledger holds the accounting entries that describe all money coming into or leaving a company. Keeping accounting books manually carries the risk of recording one side of a ...

Good bookkeeping is necessary to have the financial information you need to make sound business decisions. Many, or all, of the products featured on this page are from our advertising partners who ...

The conceptual framework is a series of Statements of Financial Accounting Concepts (SFACs), taken as a whole, set the objectives, characteristics and other concepts that determine how financial ...

In a recent development, the Pentagon has discovered an additional $2 billion in accounting errors related to aid sent to Ukraine. According to a recent U.S. government report, this takes the total of ...