Understanding Accounting Changes: Principles, Estimates, and Impact

Discover what accounting changes are, how they affect financial statements, and why full disclosure is essential for ...
Forbes

Generally Accepted Accounting Principles (GAAP) Guide

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Accounting principles help hold a company’s financial ...
Michigan Technological University

Typical Four-year Outline: Accounting BS

The typical four-year outline for Michigan Tech's Accounting bachelor's degree provides a semester-by-semester guide to core courses, labs, and requirements. Introduction to basic principles, concepts ...
Houston Chronicle

Objectives of Accounting Principles

Financial accounting principles shape the recording of nearly every business transaction in the business world. The creation of these principles is no small task and can sometimes seem nearly ...
Houston Chronicle

Benefits of Accounting Principles

Any small business that publishes financial statements must prepare those statements in accordance with generally accepted accounting principles, or GAAP. GAAP includes accounting principles and ...
JournalofAccountancy

The Change Game

FASB HAS ISSUED STATEMENT NO. 154 PROVIDING rules for how companies should treat changes in accounting principle. The statement requires retrospective application in all comparative financial ...
NerdWallet

Basic Accounting Principles: What Small-Business Owners Should Know

Understanding these concepts can help you make smarter financial decisions in the long run and day to day. Many, or all, of the products featured on this page are from our advertising partners who ...
Investopedia

Understanding Regulatory Accounting Principles and Their Impact on Thrifts

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 ...
Accounting Today

Lease accounting: Principles-based or just an agreement in principle?

Many claim that "principles-based" accounting standards are superior to "rules-based" standards. For example, the chair of the International Accounting Standards Board, Sir David Tweedie, made this ...
NerdWallet

GAAP: What Are ‘Generally Accepted Accounting Principles’?

Knowing GAAP accounting principles will help you understand why your accountant does the things they do. Many, or all, of the products featured on this page are from our advertising partners who ...
Drexel University

Accounting Principles

Drexel University's financial accounting policies and procedures follow the generally accepted accounting principles of Fund Accounting as prescribed by the National Association of College and ...