Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Accounting is the process of keeping track of all financial ...

A business owner must understand his numbers to ensure that he is on track to profitability and desired growth. Without understanding things such as costs, margins and profits, the owner is risking ...

The whole Enron/Global Crossing/Who's Next accounting scandal has caught the public's imagination. Certainly, it points to a need for accounting reform. All of us can envision our 401(k)s sinking in ...