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

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

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 ...

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 ...

Tesla's accounting under scrutiny due to mysterious $1.4 billion gap in assets, particularly in the last six months of 2024.

Accounting experts agree that, in most cases, the capex number matches closely to the increase in gross PP&E, but some factors can make a difference: sales or impairments of assets, foreign ...

"We will assess different classes of assets. Bitcoin is just one ... would mean developing many new processes in accounting or auditing, for example. Volatility was another worry and assessing ...

Detective Chief Inspector Simon Welch, the National Police Chiefs' Council's economic crime coordinator, said he was open to the UK following the example ... Australia's Criminal Assets ...

Let's use Constellation's accounting practices as an example. Their financial note below shows that they acquired a business with $1,974M in assets and qualified $1,417M of those assets as ...

With accrual accounting, accountants must enter ... These are called prepaid expenses and are logged as an asset. An example of a prepaid expense is a retainer for a lawyer or consultant.