Discover the key differences between compiled and certified financial statements, including auditing, reliability, and ...

Consolidated financial statements combine a parent company's information with one or more subsidiary companies to produce one master document. Investors, lenders or regulatory agencies often require a ...

Learn about changes in accounting principles and why businesses make them, as well as the reporting and recording ...

Accounting professionals are accustomed to complying with accounting standards. Generally accepted accounting standards set the guidelines for reporting financial transactions in the United States.

Are you able to get what you need from reviewing financial statements? Do you think there are ways to enhance the usefulness of the presentation of the information?If you have ever experienced ...

The American Institute of CPAs’ Accounting and Review Services Committee has issued an interpretation on reviews of financial statements. Accounting and Review Services Interpretation No. 1 to AR-C ...

Learn how to prepare an up-to-date profit and loss statement, balance sheet and statement of cash flows. Many, or all, of the products featured on this page are from our advertising partners who ...

The AICPA Accounting and Review Services Committee (ARSC) voted Thursday to expose for public comment a proposed revision that would “make explicit” that a CPA preparing financial statements as a ...

Meghan Gallagher is a Seattle-based freelance content writer and strategist. She has a B.S. in Marketing Management and a background in digital marketing for healthcare, nonprofit, and higher ...

WisDOT made the error when the department follwed a previous audit bureau recommendation, but overlooked other details in the ...