Intangible assets cannot be depreciated but can be eligible for a similar accounting and tax treatment known as amortization. Intangible assets may or may not appear on a company's balance sheet.

The Governmental Accounting Standards Board's Statement No. 104 requires separate disclosures for certain types of capital ...

Starting in January, cryptocurrency will need to be reported to the IRS on an account-by-account basis versus the "universal ...

Learn about the many warning signs indicating that a company is in financial distress, and find the ways to protect yourself ...

Accountants and auditors create financial reports, analyze accounting statements and prepare tax filings. A graduate ...

This initiative aims to enhance the current guidance on recognition, measurement, and information disclosure related to these ...

Crafting a successful financial aid appeal letter takes some time and effort. Follow these steps to create a compelling case: ...

At its core, accounting is the systematic process of recording, summarising, and analysing financial transactions, providing ...

Managing cryptocurrency investments has become more complicated than ever. With new coins, tokens, and decentralized finance (DeFi) platforms emerging regularly, crypto portfolios are growing in size ...

One focus of ongoing projects to update US and global accounting standards is to better address how banks and other financial ...

The SEC’s comments largely focus on the allocation of previously incurred card misclassification charges between revenue and ...

BOLI policies are similarly valued at their stated cash surrender value, without regard to fluctuations in market interest ...