Discover how accruals affect company finances, with insights into the accrual accounting method, its applications, and examples illustrating its principles.

Larger M&A transactions and the resurgence of SPACs are reshaping the market, increasing the stakes for accurate, timely, and well-informed accounting decisions.

Learn about accounting interpretations, why they matter, and how they clarify standards, prevent errors, and provide consistency in financial reporting.

With cash accounting, bookkeeping is simple: You don't record any transactions until money actually changes hands, Accounting Tools says. With accrual accounting, you record transactions as soon as ...