Accounting Standards Update 2018-08 - Not-For-Profit Entities (Topic 958): Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made serves to clarify and ...

Traditionally, client accounting services meant that you, the accountant, do most (if not all) of the accounting work for your clients. That means you perform: After-the-fact financial statement ...

Businesses provide products or services in exchange for money. The purpose of accounting is to record these financial exchanges or transactions. Simply put, accounting transactions are records kept of ...

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

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Barter exchange takes place when an ...

Rodefer Moss & Co., a CPA firm based in Knoxville, Tennessee, introduced an advisory service to help its clients — and other firms' clients — who are looking to make a transaction. The service line, ...

Many businesses pay for blocks of certain services up front. These services retain a monthly value to the business but may not be expensed, or charged to an expense account, in full at the time the ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...