What is a flexible budget? When would management prepare and use a flexible budget? In this article, we will look for answers to these questions.

This articles talks about one way (among others) to perform periodic accrual of annual (quarterly, etc.) expenditures.

Working capital plays in important role in a company. In this article, we will take a look at ten reasons working capital requirements can increase and how to better manage working capital.

Companies can invest in debt and equity securities. In this article we will discuss the three types of debt securities: held-to-maturity, trading and available for sale.

In this article, we look at the impact of auditor trust to company management (by considering the social capital) on audit fees.

This article provides some examples of how trend analysis can be used in accounting and auditing.

Trend analysis may be a helpful tool to analyze various financial data. In this article, we will review trend analysis and how it can be used in accounting and management.

Most companies have some internal controls over financial reporting in place. However, few companies may realize that such controls are not only a compliance requirement (i.e., for public companies), but also that such controls impact the operational performance. In this article we will discuss how material weaknesses in inventory-related internal controls can impact operational performance.

General ledger may not be able to maintain all individual transactions of a company. This is especially true in large organizations where there may be thousands of transactions each day. In such cases, subsidiary ledgers and special journals are used. In this article, we will discuss the most common types of subsidiary ledgers.

How does the quality of financial information of nonprofit organizations compare to that of for-profit entities? What are some typical accounting errors of nonprofit organizations? This article provides answers to these and other questions.