Learn about the positive accounting theory, how it works, and how to use it when reading financial statements.

BNY continues to expand crypto operations © 2024 Bloomberg Finance LP. In the latest move by TradFi institutions pivoting to ...

As Tax Day quickly approaches, have you ever given any thought to who is preparing your return or who is helping a small ...

If you were designing a CPA practice from scratch, what would you do about tax season? Keep it as is, make some changes or ...

The Internal Revenue Service issued a notice giving some breathing room to those involved with micro-captive insurance ...

There has been a recent decline in accountants, and this sharp decrease is the result of more than normal retirements. It is ...

The accountant shortage is causing tax filing errors. Learn why it's happening, who’s most affected, and how to avoid costly ...

Accounting is a numbers game in more ways than one, with leading experts in the field expressing concern that not as many ...

Governments use national income accounting to study a country's economic activity. National income accounting is a bookkeeping system that a government uses to measure the level of the country's ...

The National Treasury has issued new guidelines for a nationwide shift from cash-based to accrual accounting to boost transparency, strengthen financial reporting.