A Department of Education proposal does not include accounting in its list of professional degree programs, a designation ...

The American Accounting Association is calling on the Department of Education to reverse course after proposing to remove ...

Business bookkeeping gets very complex, with divisions and subsidiaries requiring their own set of accounts. When the business accounting records are established, every account is titled and assigned ...

WASHINGTON, Nov. 24, 2025 /PRNewswire/ -- The American Institute of CPAs (AICPA) and state CPA societies strongly oppose any proposal that fails to recognize accounting as a professional degree ...

Business expenditures can be divided into capital and revenue expenditures. Capital expenditures are expenditures that produce benefits across multiple time periods, such as the costs to acquire and ...

The American Institute CPAs, the National Association of State Boards of Accountancy and state CPA societies voiced their ...

Reluctant executives might "get" Lean Accounting when it is explained as a visual system. One of the challenges facing people who want to implement Lean Accounting at their companies is getting buy-in ...

Two words usually come to mind when we consider the timing of income recognition. They are "risk" and "reward". Traditionally, the revenue of a contractor can be recognised once the risk and reward ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...