Discover how the retail inventory method simplifies store inventory valuation with easy calculations, cost-to-retail ratios, ...

Microsoft Office Excel was designed to support accounting functions such as budgeting, preparing financial statements and creating balance sheets. It comes with basic spreadsheet functionality and ...

Despite having amassed more than $10 trillion in capital, private equity and private credit firms suffer from byzantine, legacy accounting infrastructure. Fintech startup Maybern makes software that ...

Last year, the Financial Accounting Standards Board (FASB) provided private companies with an extra year to adopt lease accounting standard ASC 842. When this was announced, 63.8% of surveyed private ...

This article was written by Gregory van Droogenbroeck, CFA and Scott J. L. Coulter, CFA, CPA, CA for World Accounting Report. The International Financial Reporting Standard 9, or IFRS 9, represents ...

Public companies’ required implementation of FASB’s new lease accounting standard in 2019 means that financial statement auditors need to be prepared to make new judgments. Although the private ...

As a CPA, I've used spreadsheets as my go-to resource for work for a long time, whether for performing calculations, reconciling data or one-off project tracking. My family is familiar with my love of ...

With the first year of the new lease accounting standards implementation complete, organizations find themselves at a critical juncture — the commencement of "day two" accounting. While the initial ...