Earnings management is a strategy to deliberately manipulate a company's earnings so that the figures match a pre-determined ...

The five basic financial statements are the income ... ranging from inventory accounting to contingent liabilities. The goal is to increase net income, which comes with the integration of actions ...

The expanded accounting equation builds upon the basic accounting equation's use of assets, liabilities and equity by ...

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