Accounting Live

  The FASB is one organization that provides standardized guidelines for financial reporting. The mission of the Financial Accounting Standa...

Financial managers can do certain things to increase or decrease net income that's recorded in the year. This is called profit smoothing...

It's obvious financial statement have a lot of numbers in them and at first glance it can seem unwieldy to read and understand. One way ...

Income tax time can be a dreadful season if you are not aware of all of the income tax breaks you can get through income tax deductions.  It...

If you think that starting your own business is cakewalk, you’re very wrong. Aside from developing good products and services, you still nee...

Finding a good accountant does not always end up being a simple task. There are so many  accountants that seem to appear every year, it is h...

Within the field of accounting, there are a lot of career choices and accountancy auditing careers is just one. Auditing is very important a...