The AICPA Accounting and Review Services Committee (ARSC) voted Thursday to expose for public comment a proposed revision that would “make explicit” that a CPA preparing financial statements as a ...

The issuance of a new standard in October 2014 has resulted in questions to the AICPA Center for Plain English Accounting (CPEA) regarding whether an accountant who performs bookkeeping services for ...

Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

Financial statements provide managers, shareholders and potential investors with the information they need to determine the financial health of an organization. The preparation of financial statements ...

Business decisions are often driven by data, so the accuracy and reliability of financial statements are paramount. One misstep in financial reporting can have far-reaching consequences, eroding ...

Learn how to prepare an up-to-date profit and loss statement, balance sheet and statement of cash flows. Many, or all, of the products featured on this page are from our advertising partners who ...

The Expert Consumers recognition of QuickBooks as the leading accounting software for tax in 2026 reflects the platform's comprehensive approach to financial management and tax preparation. The ...

Audited financial statements are independent CPA evaluations costing thousands. They include balance sheets, cash flow, ...