The concept of materiality was defined more precisely for federal government entities in an accounting standard issued Monday by the Federal Accounting Standards Advisory Board. The guidance is ...

The conceptual framework is a series of Statements of Financial Accounting Concepts (SFACs), taken as a whole, set the objectives, characteristics and other concepts that determine how financial ...

Empower your financial decision-making with tools to effectively analyze financial statements and accounting gains.

A business that uses the accrual basis of accounting recognizes revenue and expenses in the accounting period in which they are earned or incurred, regardless of when payment occurs. This differs from ...

Understanding these concepts can help you make smarter financial decisions in the long run and day to day. Many, or all, of the products featured on this page are from our advertising partners who ...

Money rules the world. From Fortune 500 companies to the dollar bills in your wallet, money is what makes the world go round. Although many people lack a basic understanding of money. That’s why we ...

Forbes contributors publish independent expert analyses and insights. I cover logistics and supply chain management. I’ve been covering supply chain management for twenty years. Last year, I spent 20 ...

From accounting basics to advanced financial training, the Campus Controller's Office offers a wide range of general and customized courses to fit your needs. Learning Objectives: This course provides ...

The University of Cape Town (UCT) College of Accounting has collaborated with Fasset (Finance and Accounting Services Sector Education and Training Authority) and GetSmarter to launch ...