Cash- and accrual-based business accounting are two methods for tracking financial performance. Learn which is right for your business.

Accrual accounting is one of the primary accounting methods and is based on the matching principle, which dictates that revenues and their associated expenses be recorded in the same accounting period ...

The Financial Accounting Standards Board has voted to add a project to its technical agenda on market-return cash balance plans. Processing Content During a meeting on Jan. 14, FASB decided to add the ...