In my 20 years of reporting on myriad events, whether it be a Yankees-Red Sox skirmish, a title fight, an initial public offering or an arraignment, I've been witness to some pretty spirited dialogue.

Not all accounting systems operate the same way. While most accounting systems capture basic income and expense data, whether manual or computerized, the system used varies by the type of business.

In order to function, every business involves some form of accounting because accounting encompasses buying, selling, banking, assets, liabilities and taxes. The basics of business accounting are the ...

This article is for educational purposes and does not constitute financial or legal advice. For specific advice applicable to your business, please contact a professional. Accounting and bookkeeping ...

The IRS has issued proposed regulations to adopt the simplified tax accounting rules for small businesses under the Tax Cuts and Jobs Act. The proposals adjust thresholds, clarify terms, and give ...

This article was published on Sept. 3, 2025, at 2:39 p.m. on the ChosunBiz MoneyMove site. Choi Woon-yeol, chairman of The Korean Institute of Certified Public Accountants (hereinafter KICPA), ...