Accounting: GAAP & How Long to Depreciate Used Fixed Assets. Generally accepted accounting principles help to provide a framework for handling certain accounting situations.

Understand net income: its definition, calculation method, and its critical role in business decisions and tax reporting. Learn how to assess company profitability effectively.

Discover what goodwill in accounting means, how to calculate it, and its role during acquisitions. Learn about goodwill ...

Learn how a trailing 12 months calculation can give you an accurate view of your business’s financial health.

Free cash flow to equity is one method for assessing a company's financial health and can be used in more complex analyses. Read on to learn more.

Financial accounting plays a significant role in the CPA exam, particularly in the FAR section, which covers key topics like financial statements, reporting standards, and net income calculations.

A financial document generated monthly and/or annually that reports the earnings of a company by stating all relevant revenues (or gross income) and expenses in order to calculate net income. Also ...

GAAP stands for generally accepted accounting principles that public companies must follow. Learn what is considered GAAP vs. non-GAAP and why they're important.

Discover essential steps to craft a successful business plan. Learn how to outline your vision, goals and strategies for effective business growth.

This inflation calculator uses the change in the Consumer Price Index (CPI) from 1913 to 2025 to estimate the U.S. dollar's buying power and future value.

Your net worth gives you a snapshot of your financial health. To calculate net worth, subtract all your debt from your total cash and other assets. Assets include money in the bank, plus the market ...