Accounting professionals understand how depreciation impacts financial statements and use this knowledge to analyze a company ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The Tax Adviser—the magazine of planning, trends, and techniques—reports and explains federal tax issues to tax practitioners.

Discover why GAAP requires the accrual basis for accounting rather than the cash basis, and learn why it is important for stakeholders.

Depreciation and amortization are accounting expenses that do not always reflect a company's actual losses. Corporations use these expenses to increase their tax deductions and end up with lower ...