The handling of prepaid expense deferrals and expense accruals will be consistent with the last nine fiscal years. General Accounting processes all prepaid expense deferrals and accruals for all of ...

Month-end close presents a considerable challenge for companies, particularly midsized ones. That’s because these organizations often grapple with the need to handle intricate operations swiftly and ...

Finance departments across the business world are experiencing a major shift as accounting automation transforms how financial work gets done. While modern AI-powered solutions drive efficiency and ...

From an accounting perspective, a construction / renovation project is considered to be complete when it is placed in service. At that point, the activity is reclassed from “construction-in- progress” ...

Financial tracking is vital to business success because it helps business owners understand and monitor their financial health at all times. Proper financial oversight requires an understanding of the ...