Barclay Palmer is a creative executive with 10+ years of creating or managing premium programming and brands/businesses across various platforms. Andy Smith is a Certified Financial Planner (CFP®), ...

Discover the three essential financial statements required by GAAP: income statement, balance sheet, and cash flow statement, ...

Cost accounting provides the management of a company with the information it needs to operate the business effectively. It differs from financial accounting in its focus on principles of costing, ...

An audit is an inspection of a company's accounting records, usually done by an independent certified public accountant. Audits are performed in an effort to determine whether a business is ...

The Balance Sheet represents the financial position of the University and Business Areas at a particular point in time. The Balance Sheets are represented as Assets, Liabilities, and Equity/Fund ...

Knowing GAAP accounting principles will help you understand why your accountant does the things they do. Many, or all, of the products featured on this page are from our advertising partners who ...

Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

Drexel University's financial accounting policies and procedures follow the generally accepted accounting principles of Fund Accounting as prescribed by the National Association of College and ...