The following article is based on a chapter from Aswath Damodaran's book Investment Fables. Everyone loves a good bargain! Who doesn't enjoy finding something they wanted on sale? But much like the ...

Like it or not, managing your accounting books is all part of being a business owner. And if you’re like the majority of entrepreneurs, you probably worry about making accounting mistakes that can ...

In our recent article on the flaws in return on equity, we showed how it has no correlation with several different measures of valuation. However, there is one valuation metric, price-to-book (“P/B”), ...

This column is a review of an exciting new book, "The Definitive Success Guide to Client Accounting Services (CAS)," by Hitendra Patil. I remember calling Hitendra a few years ago about an article he ...

Luca Pacioli’s groundbreaking text on bookkeeping, accounting and mathematics, Somma di arithmetica, geometria, proporzioni e proporzionalità, also known as the Summa de Arithmetica, sold for ...

Refinancing a business property is similar to refinancing any type of loan. Typically, a refinance allows the business owner to renegotiate the terms of the loan, including length of the note, ...

We’ll send you a myFT Daily Digest email rounding up the latest Accountancy news every morning. A rare copy of a 15th-century printed book that set down the principles of modern accounting and ...

A cash book, or petty cash log, is a ledger for keeping track of small cash purchases. Some small businesses such as restaurants find cash books especially useful because these companies tend to need ...