Despite the rise of cloud-based accounting platforms with automation and built-in compliance features, Excel remains a go-to choice for many.

Unearned revenue is a liability because it represents a company’s obligation to deliver goods or services in the future.

Service revenue is reported on the income statement under operating revenues, reflecting earnings from core business ...

AI Systems in a statement through its CEO Dolan Falconer, confirmed the company has no convertible or variable rate ...

Tesla reported a $600 million gain on its 11,509 Bitcoin holdings in Q4 2024, benefiting from new FASB accounting rules that allow fair market value reporting ...

President Trump has taken the first steps toward fulfilling his promise to reverse the Biden administration’s approach to digital assets by issuing ...

With new accounting rules in place, corporate Bitcoin holders like Tesla have more pathways for using BTC as collateral ...

As evidence, in 2020, temporary factory shutdowns, dealer closures, and shifted product launches, led Harley to cede massive market share, down around 800 basis points, to 42% in 2020. Since then, it ...

LendingClub sold off after its first-quarter earnings. LendingClub's results looked especially slow compared with rival SoFi.

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

Appeal was partly allowed as ground no. 2 and 3 was dismissed as infructuous.

This article was first published in the Department of Agricultural Economics’ “Cornhusker Economics” series on Feb. 5, 2025. Tim Meyer is an associate professor of practice in the Department of ...