Switching to a new accounting firm can feel overwhelming, especially when you're uncertain about the potential challenges it ...

Definitions of accounting deployed today are observably narrow, outdated, and increasingly unsuitable for realizing the full ...

David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, corporate and individual tax planning and preparation, and investing and retirement planning.

Cash basis accounting records when cash actually changes hands in a transaction, providing a real-time view of your financial position that reflects the actual cash flow of a business or individual.

Cost accounting is a process that measures all of the expenses associated with running a business, including both fixed and variable costs. The results help management make decisions that optimize ...

How do we expect more people to join the accounting profession if we don't brand it properly?

The accounting industry is being shaken up as private equity (PE) firms increasingly set their sights on acquiring stakes in and consolidating accounting firms. This trend has created a seller's ...

Bookkeeping, accounting and auditing clerks wear many hats. According to the U.S. Bureau of Labor Statistics, bookkeeping clerks handle a company’s accounts, complete financial statements and ...

Whether driven by technological innovation or world events, accounting and finance are at the heart of decision-making in today's fast-paced business environment. The University of Wyoming Department ...

Reviewed by David Kindness Fact checked by Ryan Eichler What Is Cost Accounting? Cost accounting is a process that involves recording, analyzing, and reporting a company's expenses in detail. Unlike ...