Understanding intercorporate investments is key to determining the future prospects of any business. Learn how they impact business value with these accounting insights.

Discover how modified accrual accounting merges accrual and cash basis methods, its key principles, and why it's preferred by government agencies for accurate financial reporting.

The Financial Accounting Standards Board issued a proposed accounting standards update Wednesday offering guidance for debt exchange transactions involving multiple creditors. Processing Content The ...

US Debt Danger as the American economy in crisis or financial trouble due to spending with a fear of ballooning deficit in the United States economic situation as a huge risk to Washington. The impact ...

As the United States’ gross national debt recently surged past the $38 trillion mark, commentators hastened to ring alarm bells. And surely the figure is eye-popping. But as someone who was elected to ...