Like it or not, managing your accounting books is all part of being a business owner. And if you’re like the majority of entrepreneurs, you probably worry about making accounting mistakes that can ...

The following article is based on a chapter from Aswath Damodaran's book Investment Fables. Everyone loves a good bargain! Who doesn't enjoy finding something they wanted on sale? But much like the ...

In our recent article on the flaws in return on equity, we showed how it has no correlation with several different measures of valuation. However, there is one valuation metric, price-to-book (“P/B”), ...

Discover the crucial eight steps of the accounting cycle for accurate financial reporting and why they matter in business.

Luca Pacioli’s groundbreaking text on bookkeeping, accounting and mathematics, Somma di arithmetica, geometria, proporzioni e proporzionalità, also known as the Summa de Arithmetica, sold for ...

A cash book, or petty cash log, is a ledger for keeping track of small cash purchases. Some small businesses such as restaurants find cash books especially useful because these companies tend to need ...

One of NetSuite's many new product features announced in his SuiteWorld keynote today by NetSuite founder and CTO Evan Goldberg was 'Multi Book Accounting'. "This is not so you can keep a separate set ...