In contrast to cash basis accounting, accrual basis accounting permits businesses to record sales made on credit as revenue as long as they meet certain conditions. First, the transaction that ...

The Account Resolution Team is responsible for assisting university departments in the recovery of their past due accounts receivable. This includes Banner student, SAP non-student, and institutional ...

The Financial Accounting Standards Board published an accounting standards update Wednesday with optional guidance on the measurement of credit losses for accounts receivable and contract assets. The ...

Change is hard — but organizations need to embrace change or risk falling behind the innovation curve. They can start by taking a closer look at their most important business processes. Companies ...