Expenses are an unavoidable cost of doing -- and staying in -- business. When a business incurs an expense, there are two accounting methods it may use to record the expense to its books -- the cash ...

Accounting systems track the income and expenses of an organization or company. However, the accounting methods are modified to fit the specific accounting needs of a company. Accounting for a ...

Selling and administrative expenses include costs like marketing and rent, not tied to product production. Managers use these expenses to tailor company strategies and optimize operations. Frequent ...

Nothing attracts investors more than a company’s future earnings potential. But predicting growth isn’t a foolproof science. “Investors look at historical financial statements and calculate earnings ...

Andrew Bloomenthal has 20+ years of editorial experience as a financial journalist and as a financial services marketing writer. Chip Stapleton is a Series 7 and Series 66 license holder, CFA Level 1 ...

To provide an overview of the UTSA Chart of Accounts. National Association of College and University Business Officers (NACUBO) Financial Accounting and Reporting Manual for Higher Education Chapter ...

Discover the difference between fixed and sunk costs. Learn why all sunk costs are fixed but not all fixed costs are sunk, ...