Understand the key differences between how the IFRS and the U.S. GAAP accounting systems recognize and record barter transactions with no cash instrument.

Sage 50 Accounting is a massive small business accounting application for Windows. It's the most comprehensive program we've reviewed, and it does more than what many small businesses need. It ...

From a tax standpoint, it is sometimes advantageous for a new business to use the cash method of accounting. That way, recording income can be put off until the next tax year, while expenses are ...

He is also a current member of the FASB's Private Company Council ... IFRS and GASB lease accounting, with a revised onboarding process for new customers to purchase over the coming months.