The Accounting Industry

The best accounting firms in the Philippines, the "Big Five" auditing firms, are listed in this article. The top CPA firms and major accounting firms in the world have always been popular in the business world, not only here but globally, too....

Audits aren't just about ticking boxes—a lot of different skills are needed to conduct them properly. One of the biggest skill sets you need are soft skills which can help make your audit results stronger

Feedback on courses required for a finance degree from the perspective of a finance student. Today we are looking at Financial Accounting.

At one time, "Big Eight" accounting firm Arthur Andersen was larger than the other seven combined. Then came the Enron and WorldCom debacles, bringing about the downfall of the International Giant.

Profit is the yard-stick for evaluating performance of any business concern. Since ultimate profit depends upon plan and control, cost accounting plays a vital role. Previously, cost accounting was mostly engaged in ascertaining costs of products or...

Over the years, I became very used to family and friends telling me they had no idea what I do for a living. When I applied for audit roles at accounting firms, they also didn't know where I fit!

Valuation of a small or medium-sized service business can be difficult for non-finance professionals. In this article, we cover some very basic valuation methods for business owners to use in valuing their current business or when considering an acquisition.

That's why I wrote this friendly advice to all the Filipino moms out there who are still planning to enroll their kids in an Accountancy program and experience the life of an accountant. If you're a current mom or a mom-to-be, tell your kid to stay away from an accounting course.

IFRS and GAAP convergence has been a big issue in the accounting world. Here are a few reasons why it won't be realized any time soon.

This article explores how accounting is concerned with collecting, analysing and communicating economic information.

The convergence between U.S. GAAP and IFRS will put an end to the LIFO method of inventory valuation. The result will be tax implications for many companies, but also a more accurate representation of costs.

Peachtree by Sage is a great choice for your small business bookkeeping needs. It is easy to set up, easy to use, affordable, and provides plenty of reports.

Interested in learning more about accounting Fraud in Italy and Germany? This article can help!