Accounting Articles

April 24, 2016

Why do companies use budgets? How do firms see budgets from the standpoint of their importance and performance? In this article we will talk about these aspects of budgeting (planning).

April 3, 2016

Accounts payable is one of the areas that is likely to involve errors or misappropriation of assets. Internal controls will help to mitigate such risks. The three-way match is a well-known control related to accounts payable.

March 22, 2016

Internal auditing serves important functions in organizations. However, internal audit positions may not attract top quality job candidates. This article discusses a recent study aimed at understanding perceptions of external auditors on internal auditing.

March 17, 2016

Accounting professionals often face significant work-life balance issues, especially in the public accounting profession. In addition, members of the accounting profession are at a higher risk of job burnout compared to other professions. In this article, we will discuss results of a study performed in relation to work-life balance of accounting professionals (certified public accountants, CPAs).

March 6, 2016

Fixed assets may represent a significant area in many organizations. This article provides a list of fixed best practices.

February 27, 2016

Inventory represents another important area in a lot of organizations. This article provides a list of inventory best practices.

February 21, 2016

Accounts receivable represent another important area in the accounting realm of any organization. This article provides a list of accounts receivable best practices.

February 15, 2016

Accounts payable represent an important area in the accounting realm of any organization. This article provides a list of accounts payable best practices.

February 9, 2016

Big data, data mining and business analytics are on the rise these days. Are there ways these can be used by accountants? This article provides an example of using accounting (“big”) data to perform an analysis of customer profitability.

January 16, 2016

There are multiple types of costs and it may sometimes be hard to differentiate them. In this article, we will review cost classifications.

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Accounting Articles
Accounting Articles include guides and answers. Accounting guides explain application of accounting principles in practice. Great assistance if you are looking for real-life accounting situations. Accounting answers explain particular accounting topics suggested by our website users. Great to find quick answers for specific topics.