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Accounting cycle 101

The accounting cycle tracks a transaction until it's added to your company's financial statement. Follow this eight-step ...
Investopedia

HIFO Accounting Explained: Differences With LIFO and FIFO

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Accounting Today

Accountants need to explain themselves

There are a lot of things people don’t know about the accounting profession. To a certain extent, that’s fine — if they knew how to create a financial statement or prepare a complex tax return, they ...
Houston Chronicle

Explain Consolidation in Accounting Terms

Consolidated accounting is used to group the financial information of a parent company and one or more subsidiary companies. A parent company owns the majority of voting shares of a subsidiary company ...