Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

The AICPA Accounting and Review Services Committee (ARSC) voted Wednesday to issue an amendment clarifying that a CPA preparing financial statements as part of a consulting services engagement ...

Reviewing the accountant’s responsibilities for fraud when performing an assurance engagement. Fraud is a serious concern that can have devastating consequences. With that in mind, there may be no ...

What is financial analysis software? Nowadays, financial advisors and RIAs rely heavily on technology to manage data and support smarter client decisions. As regulations become stricter, financial ...

Audited financial statements are independent CPA evaluations costing thousands. They include balance sheets, cash flow, ...

Luciano points out the need for business financial statements, tax returns, ownership agreements, and professional valuations where applicable. Failing to disclose or accurately value a business can ...