Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing.

As a business owner, it's important that you know a thing or two about accounting. A good start would be to familiarize yourself with common accounting terms and abbreviations, such as LF, accounts ...

The accounting cycle tracks a transaction until it’s added to your company’s financial statement. Follow this eight-step ...

Open ledger accounting has the potential to make accounting more accurate and simpler than ever. One of the problems with accounting as it currently stands is its inability to provide 100% accuracy.

The method business accountants use to record transactions of business activity into the general ledger requires that each transaction posted involves at least one debit and one credit. In standard ...

Lots of people speculate about the next big innovation that will take their industries by storm. In the realm of accounting and finance, there is a major technology often misunderstood by ...