The accounting format in Microsoft Excel 2010 is very similar to the currency format---both display the currency symbol next to every number. But the accounting format has a few differences that make ...

The generally accepted accounting principles give an accounting guideline that allows third parties to fairly evaluate account records. The Federal Accounting Standards Advisory Board keeps a handbook ...

Reviewed by Charlene Rhinehart Fact checked by Vikki Velasquez Businesses depreciate long-term assets for both tax and accounting purposes. For tax purposes, businesses can deduct the cost of the ...