Inventory that sits on your shelves for a long time may never sell. As Accounting Coach says, clothes go out of fashion, food ages, and new tech comes out before you've sold the old stuff. Inventory ...

As a business owner, you understand that accounting has to be accurate, but you may not know why accounting standards – the rules with acronyms such as GAAP and IFRS – are such a big deal. If you were ...

Thomson Reuters has released GAAP Reporter on its Checkpoint online tax and accounting research service. The new GAAP Reporter solution provides U.S. finance and accounting professionals with insights ...