Companies use the equity method of accounting to report their investments in other entities where they have significant influence but not a controlling interest. Companies use the equity method ...

Read about private equity accounting and how it is different than that of other investment vehicles. The nature of private ...

Of course, staying out of jail is a good thing. And a good basic accounting system will provide useful financial information that will enable you to run your business proactively rather than ...

See full definition Cash-Basis Accounting An accounting system that doesn't record accruals but instead recognizes income (or revenue) only when payment is received and expenses only when payment ...