News

Accounting and Financial Management Governance – Balance Sheet The Balance Sheet represents the financial position of the University and Business Areas at a particular point in time. The Balance ...
A balance sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholder's equity.
Explore off-balance sheet activities, their types, and examples to assess financial health and transparency, aiding investors ...
How Does a Balance Sheet Work? In large companies, balance sheets are prepared by internal company accountants or by third-party accounting firms using data supplied by the chief financial officer.
Discover what goodwill in accounting means, how to calculate it, and its role during acquisitions. Learn about goodwill ...
The new lease accounting standard caused lease liabilities for the average company to increase 1,475 percent, skyrocketing from $4.4 million before the transition to $68.9 million post transition, as ...
The Financial Accounting Standards Board (FASB) introduced a new accounting standard (ASU 2016-02) that requires companies to recognize operating lease assets and liabilities on the balance sheet.
When implemented, the proposal would capitalize all leases, finally closing down a 35-year-old loophole that has proven to be insanely popular with managers for achieving off-balance-sheet financing.
From yesterday's research, analysts parsed 79 10-K filings and collected 8,899 data points. In total, they made 1,844 forensic accounting adjustments with a dollar value of $854 billion.
Discover the basics of crypto gains and losses accounting on the balance sheet and handling crypto in financial statements to ensure accurate reporting.