Discover what goodwill in accounting means, how to calculate it, and its role during acquisitions. Learn about goodwill ...

Additionally, accrual accounting is more complex than cash accounting and therefore requires more manpower and resources, making it somewhat time-consuming for smaller companies that don’t have ...

Definition of Accounting Estimates. Financial statements provide investors and analysts with information about a company's ability to manage its financial transactions and build value in the ...

Definition of Entity in Accounting. Accounting is full of terms that accountants and other financial professionals must understand to do their jobs well. For accounting purposes, an "entity" is a ...

Pushdown accounting is a method of accounting for the purchase of a subsidiary at the purchase cost rather than its historical cost.

The Financial Accounting Standards Board has released guidance aimed at clarifying the official definition of a “business” for purposes of the accounting rules. The new accounting standards update ...

Goodwill in accounting and investing is a term used to describe intangible assets that don't appear in hard numbers on a balance sheet. These can include a host of things that companies tend to ...

The Revenue Definition and Recognition section of OUC's Accounting Handbook provides guidance on revenue accounting for CU. The first task in identifying revenue is to look at every dollar received ...

The Financial Accounting Standards Board is aligning its definition with the American Alliance of Museums’ Code of Ethics for Museums.

Reviewed by Somer Anderson Earnings management is the use of accounting techniques to produce financial statements that present an overly positive view of a company's business activities and financial ...

The corporate accounting definition of equity is similar in that it acknowledges the other interests in the company, focusing on the value that remains after paying off all other liabilities.