The Governmental Accounting Standards Board released a new standard to improve the financial reporting for state and local ...

The accounting cycle tracks a transaction until it's added to your company's financial statement. Follow this eight-step ...

Are you able to get what you need from reviewing financial statements? Do you think there are ways to enhance the usefulness of the presentation of the information?If you have ever experienced ...

Consolidated financial statements combine a parent company's information with one or more subsidiary companies to produce one master document. Investors, lenders or regulatory agencies often require a ...

Learn how to prepare an up-to-date profit and loss statement, balance sheet and statement of cash flows. Many, or all, of the products featured on this page are from our advertising partners who ...

Every financial statement has a specific purpose, and each one has specific objectives. In a public company, these objectives center on complying with full disclosure and Financial Accounting ...

The US accounting board advanced an effort clarifying how companies should measure in their financial reports certain ...

When you apply for business funding, lenders and investors want to ensure they won’t lose money on your venture. That’s why bringing detailed financial statements to your pitch meeting is crucial.

Tax-exempt organizations are working through the biggest change to not-for-profit financial reporting in 25 years. FASB Accounting Standard Update (ASU) No. 2016-14, Not-for-Profit Entities (Topic 958 ...

The AICPA Accounting and Review Services Committee (ARSC) voted Wednesday to issue an amendment clarifying that a CPA preparing financial statements as part of a consulting services engagement ...

WALNUT CREEK, CA – December 15, 2025 – PRESSADVANTAGE – ClearPath CFO Advisory has announced the expansion of its professional accounting services to additional Northern California communities, ...