Category: Accounting News

Also known as greenhouse gas (GHG) accounting, carbon accounting is a way for managers and analysts to measure a company’s total carbon…

Looking at accounting and journal entry considerations, if accounts receivables are debited, and revenue being credited, it can be interpreted as the business recognizing revenue without the customer…

With more than 14 million electric vehicle (EV) registrations in 2023 worldwide, and 2023 seeing an increase in EV sales over 2022 by 35 percent, EV manufacturers are probably happy – but not…

According to EY, the convertible debt market saw whipsaw action in issuances. Between 2015 and 2019, average issuance varied between $40 billion and $45 billion. However, it…

Comprehensive income (CI), which is defined as the sum of net income (NI) and other comprehensive income (OCI), gives both the internal and external audiences a 30,000-foot perspective of a company’s valuation…

When a business is looking for a valuation, it needs to decide whether to use the calculation of value approach versus the conclusion of value…

Whether it’s a company firing on all cylinders or a company on the verge of liquidation, determining correct valuations is not a cut-and-dry process. Understanding the importance of going-concern…

The accounting term working capital is essential knowledge for all business owners. Basically, it is the ability of a business to meet its ongoing obligations. Learning about some of the different aspects of working capital is vital…

A trial balance is an accounting tool that helps businesses determine if the double entry accounting system has any mathematical errors. Once the trial balance is worked through, and the total debits and total credits equal each other, we know…

As the name implies, a contingent liability for a business does not always happen and depends on how the future unfolds. When it comes to a business analyzing a contingent liability, it focuses on the probability of the business realizing it…