Anna Baluch is a freelance writer from Cleveland, Ohio. She enjoys writing about a variety of health and personal finance topics. When she's away from her laptop, she can be found working out, trying ...

How Is a Material Cash Overdraft Reported in a Balance Sheet?. If a business isn't keeping a close watch on outstanding checks, it could experience a material bank overdraft. A bank overdraft... Basic ...

In a prior article, I wrote about the appeal of counting the Federal Government as a customer, because of the size of the government’s budget, as well as its creditworthiness. In that article, I ...

40 McNuggets for $13.99 sounds like an unbelievable deal. So, maybe it is. Groups like the Sustainable Food Trust are on a mission to demonstrate how, in the current commodity food system, big ...

TaxBit, which makes tax and accounting software for the tokenized economy, debuted a new Cost Basis Interchange solution for reports and compliance on digital assets. While regulations on traditional ...

Past attempts to develop standards for financial reporting, whether in the form of the ARB, the Accounting Principles Board, or the more recent Financial Accounting Standards Board, took place in an ...

Inventory includes the raw materials used by manufacturers in production or the resale goods distributors and retailers acquire to sell to their customers. Proper accounting of inventory is important ...