What is Forensic Accounting?

What is forensic accounting? Forensic accounting is the practice of utilizing accounting, auditing, and investigative skills to assist in legal matters. It encompasses 2 main areas – litigation support, investigation, and dispute resolution. Litigation support... Read More »

Accounting Principles

Accounting Principles If everybody involved in the approach of accounting pursued their own system, or no system at all, there’s be no way to really tell whether a company was profitable or not. Most companies follow what are called generally accepted accounting... Read More »

Basic Accounting Principles

Basic Accounting Principles Accounting has been defined as, by Professor of Accounting at the University of Michigan William A Paton as having one basic function: “facilitating the administration of economic activity. This function has two closely related... Read More »

What is Accounting?

What is Accounting? Anyone who’s worked in an office at some point or another has had to go to accounting. They’re the people who pay and send out the bills that keep the business running. They do a lot more than that, though. Sometimes referred to as... Read More »