The seven professional bodies who co-author the Professional Conduct in Relation to Taxation [1] (PCRT) published some additional topical guidance ...

Discover how micro accounting works at personal, corporate, and government levels. Learn its processes and how it contrasts with macro accounting strategies.

Learn how comprehensive tax allocation reconciles tax and financial reporting, uncovering discrepancies in income, expenses, ...

Whether you're a sole proprietor or own a microbusiness, you don’t need to spend a lot of money to manage your finances. Check out the top accounting software we've tested that costs $20 or less per ...

The International Federation of Accountants has released a set of principles with the goal of widening access to the accounting profession. Opening Doors: Six Principles of Best Practice to Increase ...

The targeted new guidance detailing how companies should capitalize certain software costs is effective for annual reporting periods beginning after Dec. 15, 2027. The relatively narrow new guidance ...

This paper examines the role of cost accounting in public financial management, focusing on budget credibility, performance-based budgeting, public procurement, and corruption detection. Despite ...

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 ...

Clear Books pricing starts at £6 (approx $7.97) per month for the first three months, before reverting to the standard £12 (approx $15.93) per month thereafter. It goes up to £16.40 (approx $21.77) ...

The Trump administration has directed agencies to stop estimating the economic impact of climate change when developing policies and regulations. By Lisa Friedman The White House has ordered federal ...

Last Wednesday, Denny Hamlin confirmed rumors that NASCAR had pitched the idea of a 'Run What Ya Brung' style All-Star Race, where teams could essentially bring cars to the track with a much more ...