From monthly profit-and-loss statements to annual reports, accounting is just basic business hygiene, right? Wrong. Read on to see how your business can use financial information as a strategic tool ...

A limited liability company (LLC) is business entity authorized by a state. Neither a partnership nor a corporation, an LLC provides sole proprietors and business partners many of the rights afforded ...

Accounting is vital to a business’s financial hygiene; here’s everything entrepreneurs need to know about it. Many, or all, of the products featured on this page are from our advertising partners who ...

The following content is brought to you by Mashable partners. If you buy a product featured here, we may earn an affiliate commission or other compensation. Start on your accounting career path or get ...

One must always record daily transactions on a real time basis… Keeping a real time track of your transactions is a must as the last thing you want is to be stuck backtracking all your transactions ...

As tort litigation and natural disaster costs increased in the United States, beginning in the early 1990s, reinsurance became more popular as a method of mitigating risks faced by insurance companies ...

Accounting is the process of keeping track of all financial transactions within a business, such as any money coming in and money going out. It’s not only important for businesses in terms of record ...