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 ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Katrina Ávila Munichiello is an experienced editor, ...

Imagine a mechanic trying to tighten cylinder head bolts on a high-performance engine using a Swiss Army knife, rather than a torque ...

The AICPA Accounting and Review Services Committee (ARSC) voted Wednesday to issue an amendment clarifying that a CPA preparing financial statements as part of a consulting services engagement ...

(NAPSI)—Investors need to carefully review the information in their brokerage account statement and trade confirmation report. That’s the word from experts who say investors should always keep a close ...

Let’s say you’re looking at the income statement for your business and you like what you see. That’s great. But hey… wait a minute. Why don’t your bank accounts paint the same rosy picture as what you ...