Learn what a compensating balance is, how it can affect loan terms, its role in business borrowing, plus key examples and accounting rules.

Under a recommendation approved by FASB, benefits will be valued by setting the discount rate equal to the assumed interest crediting rate.

A balance sheet is a company's financial big picture for a particular moment in time. Every financial decision a business makes will eventually land on the balance sheet but understanding how the ...

The Financial Accounting Standards Board has voted to add a project to its technical agenda on market-return cash balance ...

The Balance Sheet represents the financial position of the University and Business Areas at a particular point in time. The Balance Sheets are represented as Assets, Liabilities, and Equity/Fund ...

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

The Financial Accounting Standards Board (FASB) is taking aim at how market-based cash balance plans measure liabilities for accounting purposes, potentially eliminating a long-standing cause of risk ...

Bank account terminology is oftentimes confusing and a misunderstanding can lead to overspending and the penalties that result. There is a clear difference between your small business account balance ...