What Are the Functions of Accounting? Definition and Types

Investors and creditors furnish the money that a company needs to operate, and not surprisingly, they feel the same way. In most cases, accountants use generally accepted accounting principles (GAAP) when preparing financial statements in the U.S. GAAP is a set of standards and principles designed to improve the comparability...

The Complete Guide to HOA Financial Management

Association accountants only input the information accounting for homeowners associations one time, and it is reproduced across the system. Reserve studies reveal to HOA managers and board members the life left in these structures and how much it will cost the association to replace them when they wear out. From...