Not all accounting systems operate the same way. While most accounting systems capture basic income and expense data, whether manual or computerized, the system used varies by the type of business.

Basic accounting software like QuickBooks, while sufficient in the early stages, can become a barrier to growth due to its scalability, reporting, data management and security limitations.

Accounting apps make it easier to manage your company's money. We've evaluated the top options based on customizability, ...

Last year, I wrote a series of articles on what companies at different stages should focus on in their finance and accounting functions. (You can read those here, here, here and here.) The stages ...

Managing it all with your basic accounting system won’t suffice and you will start to see people using spreadsheets and buying ad-hoc software tools just to keep up. 2.

During its study of the auditing profession, the Cohen Commission received some practitioner inputs which suggested that "one of the causes of the discontinuity between accounting theory and practice ...