Houston Chronicle

Basic Accounting Principles and Full Disclosure

Basic accounting principles form guidelines that govern the preparation of financial reports. These guidelines provide a comprehensive framework for classifying, recording, presenting and interpreting ...

Generally Accepted Accounting Principles (GAAP) Guide

GAAP is a set of accounting standards that ensure publicly traded U.S. companies are keeping their financial reporting ...

Understanding Accounting Periods: Definitions, Types, and Key Principles

Learn what accounting periods are, the different types, and their importance in financial analysis, including key principles ...
Houston Chronicle

Objectives of Accounting Principles

Financial accounting principles shape the recording of nearly every business transaction in the business world. The creation of these principles is no small task and can sometimes seem nearly ...
Entrepreneur

What Are the Basics of Accounting?

Accounting is a comprehensive system for collecting, recording, classifying, summarizing, interpreting, and communicating financial information. It is often referred to as the language of business as ...
Accounting Today

Art of Accounting: Perennial best principles

I share my experiences with these columns but bring them to the current time and in many cases I push some ideas for tomorrow. While the accounting and business world was completely different when I ...
Reuters

Accounting Basics for In-House Counsel

Financial accounting is a specific type of accounting that uses standardized processes and guidelines for businesses to record their financial transactions and prepare financial statements for ...
Investopedia

Accrual Accounting vs. Cash Basis Accounting: What’s the Difference?

Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of diverse financial management experience. He is an expert on personal finance, corporate finance ...
TechRepublic

What Are Generally Accepted Accounting Principles (GAAP)?

What Are Generally Accepted Accounting Principles (GAAP)? Your email has been sent Understanding GAAP is essential for anyone involved in finance or accounting. Learn the key principles and their ...
Drexel University

Accounting Principles

Drexel University's financial accounting policies and procedures follow the generally accepted accounting principles of Fund Accounting as prescribed by the National Association of College and ...
Entrepreneur

Basic Accounting Principles

Most businesses typically use one of two basic accounting methods in their bookkeeping systems: cash basis and accrual basis. While most businesses use the accrual basis, the most appropriate method ...