Learn about accounting interpretations, why they matter, and how they clarify standards, prevent errors, and provide consistency in financial reporting.

Eligible kids can get a one-time contribution of $1,000.

Discover how accounts payable function as short-term liabilities, not expenses, and learn how they impact a company's ...

Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

The day after Donald Trump defeated Kamala Harris in November 2024 was a somber one for most Democrats. But life goes on, and Democratic Gov. Michelle Lujan Grisham, a surrogate for Harris’ ...

After a year of economic hardship, many families are starting to make changes to their finances in order to make smarter decisions and save money. Creating smart household habits is one of the best ...

As part of our annual Top 100 Most Influential People in Accounting list, Accounting Today asks candidates to name who they think are the most influential people in the field, and here they are, ...

With the tax-free money in a health savings account, a person can pay for eyeglasses or medical exams, as well as a $1,700 baby bassinet or a $300 online parenting workshop. Those same dollars can’t ...

Okay, here's a comprehensive article tailored for your needs, focusing on summary transactions that might occur during the year for a hypothetical business named Marigold, optimized for SEO and ...

'There's no trust in place, but there is a will' "How long does it take for an executor to be able to access the account and pay the debts of the deceased?" (Photo subject is a model.) Dear Quentin, ...

Health savings accounts are underrated by many people. They let you accumulate a lot of money for healthcare expenses. What you don't spend can remain and grow until you tap the account in retirement.

An expense account sounds simple enough, but it actually means two different things in business. First, it’s the process that lets employees pay for work expenses and get reimbursed by their company.