Larger M&A transactions and the resurgence of SPACs are reshaping the market, increasing the stakes for accurate, timely, and well-informed accounting decisions.

A profit and loss statement summarizes a business’s revenue and expenses. Learn how to use a profit and loss statement to ...

Learn about accounting interpretations, why they matter, and how they clarify standards, prevent errors, and provide consistency in financial reporting.

Forbes contributors publish independent expert analyses and insights. I am the Jenkins Professor of Accounting at NC State University. We often hear about failed financial statement audits at ...

Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software.

Accounting is a foundational process for every business, no matter how big or small. Learn what accounting is, why it matters and how to make it work for you. Keeping accurate financial records is the ...