Accountants spend a lot of time learning their craft and keeping current. What many do not do as well is keep up with practice management. An easy way is to read some of the many books on that topic.

In our recent article on the flaws in return on equity, we showed how it has no correlation with several different measures of valuation. However, there is one valuation metric, price-to-book (“P/B”), ...

Luca Pacioli’s groundbreaking text on bookkeeping, accounting and mathematics, Somma di arithmetica, geometria, proporzioni e proporzionalità, also known as the Summa de Arithmetica, sold for ...

A cash book, or petty cash log, is a ledger for keeping track of small cash purchases. Some small businesses such as restaurants find cash books especially useful because these companies tend to need ...