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.

Accrual accounting is one of the primary accounting methods and is based on the matching principle, which dictates that revenues and their associated expenses be recorded in the same accounting period ...

COMMERCE CITY, CO – November 04, 2025 – PRESSADVANTAGE – DK/RK Services, a Commerce City-based bookkeeping and accounting ...

Relatively early in a law firm's existence, a decision is required concerning whether to report financial activities to the Internal Revenue Service on a "cash" or "accrual" accounting basis.

On Monday, Dec. 10, the Internal Revenue Service (IRS) announced a broad expansion of the cash method of accounting that puts an end to the sticky 'cash versus accrual' accounting question that has ...

Managing your small business's finances isn’t just about crunching numbers—it’s about making data-driven decisions that keep your business healthy and positioned for growth. The right accounting ...

Financial accounting is the process of recording and reporting your business’s income, expenses, assets and liabilities, often with the help of software. This information gives managers, owners and ...

Many contractors can build better cash flow using accounting options that until passage of the Tax Cuts and Jobs Act (TCJA) were unavailable to them. Nevertheless, there remains a surprising number of ...

Robust cash flow is king. Yet many accounts receivable teams find themselves mired in manual processes that are slow and, ultimately, costly. With the advent of the digital age, cash application has ...

Discover what cash-on-cash yield is, how to calculate it, and why it's essential for evaluating real estate investments. Learn the formula and see a practical example.

Cash generation is “king” for many investors selecting stocks. Earnings, dividends and asset values may be important factors, but it is ultimately a company’s ability to generate cash that fuels the ...