Expenses are an unavoidable cost of doing -- and staying in -- business. When a business incurs an expense, there are two accounting methods it may use to record the expense to its books -- the cash ...

The accrual and cash methods of business accounting are the two most popular methods of managing business income and expenses. These accounting practices provide businesses differing advantages ...

Learn the differences between the percentage of completion and completed contract methods. Discover how each impacts revenue ...

Depreciation expense can be a big portion of a company’s total expense. And since expenses decrease income, it affects the overall value of a company. Understanding what it is and the methods can help ...

Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. Crea Taylor / ...