Small business owners take on a range of responsibilities that are handled by specialized departments in larger companies. Accounting is often one of these functions, especially in the startup phase.

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Accurate bookkeeping is a necessity for any business.

The eight-step accounting cycle is important to know for all types of bookkeepers. It breaks down the entire process of a bookkeeper's responsibilities into eight basic steps. Many of these steps can ...

A new iPhone app aims to teach double-entry bookkeeping to accounting students and non-accountants. StudyAccounting allows users to practice posting transactions to the correct accounts by tapping ...

WASHINGTON -- Federal regulators Wednesday took the first controversial step on a path that could lead to the acceptance of a single, global accounting standard for public companies. In tentatively ...

When running a small construction business, you need to account for your revenues and expenses. You can achieve this task by following the accounting cycle -- that is, the chronological events of ...