Cash basis accounting records when cash actually changes hands in a transaction, providing a real-time view of your financial position that reflects the actual cash flow of a business or individual.

This article discusses a Tax Court decision, recently affirmed by the Court of Appeals for the Ninth Circuit, concerning when ...

Kenya has set a three-year roadmap towards fully shifting its financial transactions to an accrual basis of accounting from ...

Piedmont Office Realty Trust Inc (PDM) reports its highest leasing activity since 2015, alongside strategic refinancing and a ...

Ministry of Finance (MoF), in collaboration with the Association of Chartered Certified Accountants (ACCA), has initiated an ...

LE MARS — Plymouth County Sheriff Jeff TeBrink was given the authority to hire another full-time jailer during the Tuesday, Feb. 18, Plymouth County Board of Supervisors meeting.

Description: There are two basic type of accounting methodologies – one is cash accounting and the other is accrual accounting. Both systems have their own benefits. Cash accounting is beneficial for ...

The repeal of sales tax on most grocery items cost the city of Loveland $10.4 million in revenues in 2024, but gains in other ...