The accounting equation, assets equals liabilities plus stockholders' equity, is the foundation of the balance sheet. The retained earnings account is part of the stockholders' equity section. The net ...

The expanded accounting equation builds upon the basic accounting equation's use of assets, liabilities and equity by incorporating additional components such as revenues, expenses and withdrawals.

Accounting principles are the theoretical concepts that underlie the practical accounting techniques used to ensure that financial statements accurately portray a company's performance, cash flows and ...

Most investors are familiar with cash dividends, which involve a company taking available cash and paying it out to shareholders. But dividends can also be paid in shares of stock, and although the ...

“Phantom income” represents a challenge for taxpayers and businesses in tax planning and financial management—but its consequences may be worse for payors of alimony and child support. Although the ...

The cost of adopting international accounting standards is having a significant effect on the financial position of some Saudi companies, with listed businesses announcing cuts of at least $1.3bn to ...