That’s because the prices of imported goods being tariffed will rise unless that country can produce more of that particular item domestically or import it from another country. If other countries imp
Read More
Accounting Differences Across Countries
One such cornerstone in the accounting profession is the Generally Accepted Accounting Principles (GAAP). Understanding GAAP is is gaap used internationally crucial for accountants, business owners...
Read More
How to Do Bookkeeping for Real Estate: A Comprehensive Guide 2023
Real estate accounting provides tools to set and track these KPIs. Advanced software solutions offer features for KPI tracking, ensuring real-time insights. Regular reviews ensure that KPIs remain a...
Read More
How Dividends Affect Stockholder Equity
Recording dividends payable begins with the board of directors’ declaration, creating a legal obligation to pay the dividend. This transforms it into a formal liability on the balance sheet under cu...
Read More
The Long and Winding Road to the New Financial Value Transparency and Gainful Employment Rules
The FVT rule establishes a framework to measure D/E and EP as well as to require disclosure of this information for all eligible programs and institutions to ensure all students have the benefit of ...
Read More