Equity accounting is a method of reporting a company's profits from the operations of an affiliated company that it has an interest in but does not own outright.

Members of the County Public Accounts Committee of the Senate (from left) Kitui Senator Enoch Wambua, Senator Fatuma Dullo, Nairobi Senator Edwin Sifuna and Taita Taveta Senator Johnes Mwaruma who is ...

BIRMINGHAM, AL, UNITED STATES, January 15, 2026 /EINPresswire.com/ — Kerper and Bowron LLC today announced a breakthrough in service contract and extended warranty ...

Learn how accounting spreadsheets work with real examples of journals plus when to switch to accounting software. Accounting often starts simple: a few transactions, a basic spreadsheet, and a clear ...

Abstract: In the context of advancing intelligent accounting systems within the broader field of computational methods and data processing, this study focuses on overcoming critical limitations ...

A new study by Shanghai Jiao Tong University and SII Generative AI Research Lab (GAIR) shows that training large language models (LLMs) for complex, autonomous tasks does not require massive datasets.

Accrual accounting is one of the primary accounting methods and is based on the matching principle, which dictates that revenues and their associated expenses be recorded in the same accounting period ...

Retailers are trying to manage cost increases from President Donald Trump's tariffs. A practice known as retail inventory method accounting could affect how higher costs show up in companies' profit ...

To determine the value of ending inventory and, ultimately, margins, many retailers have stuck with an accounting practice known as the retail inventory method — in some cases for more than 100 years ...

The Internal Revenue Service has released Rev. Proc. 2025-23, which updates the list of automatic procedures for taxpayer-initiated requests for changes in methods of accounting. Processing Content An ...

A threshold matter for determining the proper procedure during an exam is whether a potentially identified issue is an accounting method (a timing issue, as discussed ...