Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

The world’s top three financial accounting software vendors in 2010, based on worldwide revenue, were SAP, Oracle and Sage, accounting for 30.3 percent of the market total, according to a recent IDC ...

The World Bank's definition of a financial management information system, or FMIS, is simply the automation of financial operations. With that definition in mind, there are plenty of database ...

Almost four decades after accounting software became accessible and affordable enough for small businesses to use it, the competition has never been fiercer. So, if you’re still managing your ...

Thanks to AI, the accounting profession is experiencing a significant shift. Researchers from Columbia University and elsewhere found that native AI agents within enterprise resource planning (ERP) ...

Business accounting procedures provide essential information that supports professional decision-making. Management and financial accounting are two methods for tracking, recording and interpreting ...

Learn how administrative accounting supports decision-making and operational control with roles like payroll management and budgeting. Discover key differences from financial accounting.

SEATTLE--(BUSINESS WIRE)--Lockstep, the leader in connecting the world’s accounting teams, today announced it has signed an agreement to be acquired by The Sage Group plc (FTSE: SGE), the leader in ...

Chances are you’ve already tangled with the ASC 842/IFRS 16 changes in standards determining how organizations should be accounting for leases on the balance sheet. The effective date for implementing ...