Capitalization of project costs affects the balance sheet, while expensing the costs affects the income statement. The route you assign determines whether your asset base increases or your profits ...

Computers, office chairs and factories all wear down and lose value over time. Depreciation is how accountants factor that fact into their number-crunching. A depreciated five-year-old computer isn't ...

With over a decade of editorial experience, Rob Watts breaks down complex topics for small businesses that want to grow and succeed. His work has been featured in outlets such as Keypoint Intelligence ...

AI may be the best option for solving the accounting talent crisis. The accounting field is facing a multiyear, worsening talent shortage, with 87% of accounting and finance decision makers agreeing ...

Addis Ababa / Khartoum / Merowe / El Roseires / Aswan / Cairo — Reports indicate the waters of the Blue Nile in Sudan have receded to unprecedented levels, disrupting the annual flood season between ...

Michael Bromberg is a finance editor with a decade of experience. He is an expert at elucidating complex financial topics in clear, concise language. Michael received a Bachelor of Arts in literature ...

Thank you for your interest. You can now access the asset below. This annual ranking of the leading national and local firms also includes data analysis, as well as their chief executives' take on the ...

The year 2025 stood out as an important milestone for two of the world’s leading international groupings, BRICS and the Shanghai Cooperation Organisation. Both held high-profile summits that ...

An eerily familiar set of headlines is making the rounds in Ethiopia, troubling many in the fragile, northern Tigray region. Successive delegations of civil society and religious leaders have, in ...

Israel's Shamir Medical Center has announced the successful return of an Israeli medical delegation to Ethiopia, where sight-saving treatments were provided to more than 1,600 patients, including ...

In the deserts of Ethiopia, scientists uncovered fossils showing that early members of our genus Homo lived side by side with a newly identified species of Australopithecus nearly three million years ...

Members of Chinese People's Liberation Army (PLA) Navy march during the rehearsal ahead of a military parade to mark the 80th ...