If you're thinking of becoming a financial analyst or an accountant, make sure you understand the differences between these ...

Forensic accountants are financial detectives who investigate financial reports and documents, often in connection with legal action. Find out what it takes to become one.

Company's typically prepare several financial statements that cumulatively show the financial position. They include the income statement, balance sheet, cash flow statement and owners' equity ...

Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

Veronica Beagle is the managing editor for Education at Forbes Advisor. She completed her master’s in English at the University of Hawai‘i at Mānoa. Before coming to Forbes Advisor she worked on ...

Doug Wintemute is a staff writer for Forbes Advisor. After completing his master’s in English at York University, he began his writing career in the higher education space. Over the past decade, Doug ...

The two types -- or methods -- of financial accounting are cash and accrual. Although they're distinct, both methods rely on the same conceptual framework of double-entry accounting to record, analyze ...

Both financial advisors and accountants can help clients meet financial goals and maximize tax savings. Financial advisors tend to focus more on long-term financial planning for individuals.