Companies use the equity method of accounting to report their investments in other entities where they have significant influence but not a controlling interest. Companies use the equity method ...

She has 15+ years of experience as a financial writer and technical analyst. Cost accounting manages and tracks all of a company's expenses to enable it to get a better handle on its financial health.

Of course, staying out of jail is a good thing. And a good basic accounting system will provide useful financial information that will enable you to run your business proactively rather than ...

See full definition Cash-Basis Accounting An accounting system that doesn't record accruals but instead recognizes income (or revenue) only when payment is received and expenses only when payment ...

The insurance industry faces its most significant accounting change in decades. Sabrina Wilson of Clearwater Analytics explores how the NAIC's ...