Solely relying on free or inexpensive online small-business accounting tools instead of investing the services of a trained professional accountant can be a costly mistake that entrepreneurs make all ...

Last year, the Financial Accounting Standards Board (FASB) provided private companies with an extra year to adopt lease accounting standard ASC 842. When this was announced, 63.8% of surveyed private ...

Opinions expressed by Entrepreneur contributors are their own. When you are in the beginning stages of starting a business, it is often challenging to balance all the necessary assets you need to be ...

Last month, I put up a set of five questions that accountants should be asking themselves so they’ll know what they want to be when they grow up. This month, I’ve got another set of five questions — ...