Understand depreciation expense vs. accumulated depreciation and their impact on financial statements and asset valuation.

For certain types of companies, office supplies make up a significant percentage of expenses. For instance, a company that does all of its operations from a large office must order supplies often to ...

Discover the synergy between income statements, balance sheets, and cash flow statements for a full analysis of a company's financial health and performance.

One of the more interesting facets of the U.S. Tax Code is the allowance for depreciation. Depreciation expense is a theoretical cost of using a company asset that has a life longer than one year.

Each year, generally in March or April, commercial tenants with pass-through costs included in their lease agreements, receive from the property owners the Annual Operating Expense Reconciliation ...

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. The Financial Accounting Standards Board published new rules ...

Accurate record-keeping is essential: save receipts, invoices, and statements for every purchase. To streamline bookkeeping and tax prep, pay your card from a dedicated business bank account. Mixing ...

GASB on Wednesday issued a proposed concepts statement addressing recognition of financial statement elements as well as a call for feedback on preliminary views on revenue and expense recognition ...

The Financial Accounting Standards Board released an accounting standards update Monday to improve financial reporting by requiring public companies to disclose, in their interim and annual reporting ...