The generally accepted accounting principles give an accounting guideline that allows third parties to fairly evaluate account records. The Federal Accounting Standards Advisory Board keeps a handbook ...

Although Excel, the Microsoft Office spreadsheet program, has a few specialized financial formulas built in to the software program, the accounting format for spreadsheet cells has the most general ...

Learn to calculate fixed asset depreciation in Excel using methods like straight-line, sum of the years' digits, and more for accurate financial analysis.

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, ...

Auditors know that journal-entry testing is one of many procedures they can use in addressing client data completeness and, hence, audit risk (see AU-C Section 240, Consideration of Fraud in a ...

Have you ever found yourself staring at two Excel sheets, trying to figure out why the numbers just don’t add up? Reconciling your bank statement with your accounting records can feel like searching ...

Excel is a go-to tool for many companies, especially in e-commerce accounting automation. Whiz Consulting, use Excel for budgeting, planning, and forecasting in e-commerce accounting. Excel is popular ...

Excel skills are an essential part of the accounting curriculum, but they’re not always the easiest topic to teach. For one thing, given the dense content of accounting courses, it can be difficult to ...