Accounting word of the week
Financial analysis is a means for a company to monitor and evaluate a firms financial position, to plan future financing, and to...
Benefits and Costs of FASB ASU:Leases (842)
In February 2016, the Financial Accounting Standards Board (FASB) updated the accounting treatment of Leases. Today, we will highlight...
Accounting word of the week
This week we will be discussing two methods of accounting: 1. Cash method 2. Accrual method The cash method is a method of recogonizing...