National income accounting is used to measure economic growth and activity. It can also be useful in tracking trends and guiding monetary policy. What Are the Problems of National Income Accounting?

Far from being a true measure of economic health, GDP is a misleading economic statistic that implies consumer and government ...

The National Treasury has issued new guidelines for a nationwide shift from cash-based to accrual accounting to boost transparency, strengthen financial reporting.

A basic principle of accounting is that net operating losses are subtracted from retained earnings and thus from capital. If ...

What the United States does not have is a massive welfare state to match those of many European nations, to which so many U.S ...

"In contrast with financial accounting standards that treat most intangible expenditures as expenses, national income accounting rules used to calculate gross domestic product (GDP) treats firms' ...

The recent spate of large revisions of national ... problems too, with the economy being largely services-driven, with a very large informal sector. The recent spate of large revisions of national ...

“But when you see the unemployment rate increasing, that's a pretty good sign that we may be in a recession,” Angel said.

You do not have to endure the complexities of taxes alone. CPAs play a strategic role in tax planning, ensuring compliance ...

One of Greenland’s national pastimes was nearly hijacked ... including a sweeping overhaul of aid to low-income families, in a reconfiguration that could jeopardize millions of Americans ...