Functional Based Cost Accounting Basics. Cost accounting may not be the most exciting way for a business owner to spend a Friday night. However, understanding the basics of cost accounting can ...

3 Basic Elements of an Accounting System. According to the American Accounting Association, accounting is the "process of identifying, measuring and communicating economic information to permit ...

From monthly profit-and-loss statements to annual reports, accounting is just basic business hygiene, right? Wrong. Read on to see how your business can use financial information as a strategic ...

Systems such as Feefee could automate basic accounting functions and allow accountants to provide more value to clients for the same cost.