For the first time, we are presenting in Accounting Today this edited excerpt from the prologue to Quality Financial Reporting, a book we published in 2002. Our goal is to stimulate new thinking about ...

Conventional management accounting, or cost accounting, is a system of accounting used to provide information to managers within an organization. While many business owners may be more familiar with ...

Management accounting is an internal business function that tracks internal costs for decision-making purposes. Manufacturing and production companies often use management accounting to allocate ...

The 2023 AICPA CGMA Virtual Teaching Symposium highlighted the importance of students’ sense of belonging and a future-focused curriculum in management accounting classes. Educators shared their ...

How do you improve the quality of financial reporting in countries switching from a planned to a market economy? Conventional wisdom suggests these countries should simply adopt high-quality ...

The best property management software with accounting integration includes key features like owner statements, CAM Common Area Maintenance fee reconciliation, and property-level reporting. I evaluated ...

Accounting is undoubtedly one of the most crucial components of running a successful business. It's impossible to overlook the significance of keeping track of your finances. With a clear ...

Project management (PM) software is a universal need to keep track of goals, research, data, scheduling and everything else under the sun. If you have more specific needs, however, you may have to ...

In today’s world, an accountant needs more than just a brick and mortar office. They need to continually expand their knowledge, keep up with the latest industry insights, and be able to share their ...

The difference between the long-term interest rates for loans and the short-term interest rates for deposits – known as the “interest rate margin” – is the main source of profitability for a ...