Understand what the current ratio measures, why it matters, and how to use it to assess and improve short-term liquidity.

Patrick James, founder and chief executive officer of US-based auto parts supplier First Brands, resigned on Monday, weeks after the company filed for bankruptcy protection amid an alleged accounting ...

We are a team of writers, experimenters and researchers providing you with the best advice with zero bias or partiality. Proper bookkeeping is an unavoidable task when running a small business, but ...

First Brands Group filed for bankruptcy Monday, threatening big losses for Wall Street lenders after the market lost confidence in the auto-supplier’s financial disclosures and use of ...

Accounting apps make it easier to manage your company's money. We've evaluated the top options based on customizability, usability, value, and more to help you find the best accounting software for ...

We are a team of writers, experimenters and researchers providing you with the best advice with zero bias or partiality. Being back-to-school ready can mean many things, but for business owners, it’s ...

WH Smith shares slumped 42% on Thursday following an accounting error which led it to overstate its North America profits. The company has cut its profit forecasts in ...

The expanded accounting equation builds upon the basic accounting equation's use of assets, liabilities and equity by incorporating additional components such as revenues, expenses and withdrawals.

Macy’s decision to not withdraw old financial statements despite making sizable adjustments to earnings figures after finding $151 million in false bookkeeping entries has some accountants scratching ...

However, integrating ESG into financial analysis presents unique challenges, particularly when attempting to measure their impact and outcomes using traditional financial metrics. Traditional metrics, ...