If you run a small business, you may not know much about the Generally Accepted Accounting Principles (GAAP). After all, GAAP standards apply mainly to publicly traded companies, so these rules don’t ...

If you're the type of small-business owner who prefers to spend your time cooking food or making pottery to working, you may resent the time and effort you have to put into accounting. However, ...

Thomas Edison is a classic example. The first electric bulb was actually invented by Sir Joseph Wilson Swan, who demonstrated the concept, but gave up trying to develop a practical product after only ...

“Business strategy” is a powerful phrase. People like to use it to impress others, and audiences listen up when you talk about it. But it’s also one of the most overused and — in some cases — misused ...

Basic accounting principles form guidelines that govern the preparation of financial reports. These guidelines provide a comprehensive framework for classifying, recording, presenting and interpreting ...

The COVID-19 pandemic has turned our everyday lives upside down. It has created fear, uncertainty, financial shockwaves, and massive loss of life. But some things haven’t changed. The basic principles ...

NEW YORK (Thomson Reuters Regulatory Intelligence) - There are almost as many ways to approach developing, governing, maintaining, storing and communicating financial services policy libraries as ...

For over four hours, hundreds of youths in Awka, the Anambra State capital, received business tutorials from some of Nigeria’s finest entrepreneurs, corporate giants and business moguls. The event, ...