archiveaccountant

Think of a business's earnings as a story. This story helps investors, debtors, and other interested parties make smart choices.  But how does this story get told? What are GAAP and IFRS? They are the two main sets of rules for showing a company's financial health. They are like two...

Sustainable accounting is an emerging concept in accounting that emphasizes the value added along the value chain. It recognizes the conventional flow of money and evaluates a company's environmental and societal impact. This type of accounting can assist companies in assessing and disclosing their influence on the planet and individuals....