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What is double-entry accounting?

Double-entry accounting is the gold standard bookkeeping system for most businesses. It’s a type of bookkeeping where two accounting entries are created for each business transaction. So, each ...
If a state does not have enough money to pay its bills, legal or political obligations to retired government employees often ...
Oil and gas companies are using a gap in US financial reporting rules to omit from their balance sheets hefty obligations to ...
Treasury Department preparing to exempt crypto holdings from Corporate Alternative Minimum Tax (CAMT), saving companies ...
Auto parts maker First Brands filed for Chapter 11 bankruptcy with over $10 billion in liabilities and a $2 billion accounting irregularity under investigation. The company secured $1.1 billion in ...
Unless you’ve somehow screened Companies House emails so they don’t appear in your inbox, you will know by now that new ...
Boost Suite announced a comprehensive refresh of its 2025 LLC formation and compliance content, including state-specific guides, editorial reviews, and methodology notes designed to help first-time ...
The Spear’s ranking of the best accountants and tax advisers. The list features our Top Ten, Top Recommended and Recommended ...
An escrow account is a secure, neutral third-party account, typically managed by a bank or attorney, used to hold funds until ...
Michigan ranked 32nd nationally, according to Truth in Accounting’s 2025 “Financial State of the States” report.
Business owners spend countless hours fortifying their enterprises against common threats such as lawsuits, market downturns ...