Discover how different depreciation methods affect long-term asset values and short-term earnings, plus key assumptions that ...

Small businesses commonly make capital expenditures at one time or another. This cost is an amount you pay to buy or upgrade a long-term asset, such as a computer or a machine. The actual cost of a ...

Your income statement records your profit and loss for a given period, which tells you how your business performed during that time. If you purchase equipment and recognize the expense all at once, ...

FASB is seeking comments on a proposed Accounting Standards Update (ASU) that is intended to provide investors with more decision-useful information regarding a public business entity’s expenses. The ...

Depreciation expense can be a big portion of a company’s total expense. And since expenses decrease income, it affects the overall value of a company. Understanding what it is and the methods can help ...

The Financial Accounting Standards Board released an accounting standards update Monday to improve financial reporting by requiring public companies to disclose, in their interim and annual reporting ...