The accounting industry has long grappled with a shortage of young talent. New data suggests more students are choosing accounting again. Stability and stronger entry-level pay are helping to attract ...

Accrual accounting is one of the primary accounting methods and is based on the matching principle, which dictates that revenues and their associated expenses be recorded in the same accounting period ...

The “There appears to be a problem with the payment method” error appears when Netflix cannot complete your monthly charge with the payment details saved on your ...

Impact accounting is the heir apparent to ESG (environmental, social, governance) accounting and investing. Where ESG investing emphasizes risks to the firm, impact accounting measures how corporate ...

To determine the value of ending inventory and, ultimately, margins, many retailers have stuck with an accounting practice known as the retail inventory method — in some cases for more than 100 years ...

The accounting method your business uses to report income for tax purposes, either cash or accrual, can significantly impact your tax bill. While the cash method can offer tax-saving opportunities, ...

The Internal Revenue Service has released Rev. Proc. 2025-23, which updates the list of automatic procedures for taxpayer-initiated requests for changes in methods of accounting. Processing Content An ...

In Rev. Proc. 2025-23, the IRS on Monday provided a comprehensive, updated list of changes in tax accounting methods to which the automatic change procedures in Rev. Proc. 2015-13, as subsequently ...

Learn what inventory accounting is, how it works, and key methods like FIFO, LIFO, and WAC. Includes real-world examples, tips, and best practices. I like to think of ...

With the trade war likely averted—for now—investors don’t have to worry about many more surprises from retailers right?

The following is a guest post from Matt Wood, global head of finance and accounting outsourcing at Personiv. Opinions are the author’s own. As Gen Z enters the workforce, they’re shaking up workplace ...