Money rules the world. From Fortune 500 companies to the dollar bills in your wallet, money is what makes the world go round. Although many people lack a basic understanding of money. That’s why we ...

This article was paid for by Intuit QuickBooks. Running a small business can be exciting and rewarding. But it also comes with a long list of tasks that have little to do with why you opened your ...

Financial accounting is a specific type of accounting that uses standardized processes and guidelines for businesses to record their financial transactions and prepare financial statements for ...

A business owner must understand his numbers to ensure that he is on track to profitability and desired growth. Without understanding things such as costs, margins and profits, the owner is risking ...

The whole Enron/Global Crossing/Who's Next accounting scandal has caught the public's imagination. Certainly, it points to a need for accounting reform. All of us can envision our 401(k)s sinking in ...

Insurance companies must save a certain percentage of the premiums they receive to pay for claims. The amount set aside, the reserves, must be enough should a large group of policyholders experience a ...