We assign a Medium Morningstar Uncertainty Rating to Perpetual. Key business risks include overpayment and acquisition indigestion, as well as cyclical or structural risks from competition that could ...

For taxation purposes, properties held by taxpayers are generally classified into Capital Assets and Ordinary Assets, ...

Donor-advised funds are continuing to grow while enjoying substantial tax deductions for charitable giving even as many ...

If you are the only party, you would use a sole proprietorship. If you have partners, you can have a partnership. The ...

Trusts and foundations have been on a journey in the wilds of finance. Leaders among them have been the pathfinders, sharing ...

Learn about the positive accounting theory, how it works, and how to use it when reading financial statements.

Modern accounting firms need to do more than crunch numbers; they should serve as strategic advisors. This involves offering ...

We assign a Medium Morningstar Uncertainty Rating to Rollins. Given the necessity of its services, Rollins grew revenue an average of 8% during the global financial crisis, the industrial slowdown of ...

Working capital movements are such an example ... accounting minutiae still have plenty to hold their interest, as Tesla invests heavily in AI infrastructure and has almost $7bn worth of assets ...

In Brief Recent events in the cryptocurrency industry highlight the risks for investors and customers—as well as auditors.

Residual value is the estimated value of an asset at the end of its useful life. It's used to figure out things like the value of a car at the end of a lease or how much equipment is worth after it's ...

Examples of intellectual property include ... sheet at cost and amortized over the remaining useful life of the asset. Accounting standards require that intellectual property be recorded ...