Each year, generally in March or April, commercial tenants with pass-through costs included in their lease agreements, receive from the property owners the Annual Operating Expense Reconciliation ...

Expenses are the costs of doing business to gain revenues, and they are accrued when they are incurred but not paid in the same period. Since the expense still applies to the period it was incurred, ...

FASB is seeking comments on a proposed Accounting Standards Update (ASU) that is intended to provide investors with more decision-useful information regarding a public business entity’s expenses. The ...

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. The Financial Accounting Standards Board published new rules ...

The Financial Accounting Standards Board released an accounting standards update Monday to improve financial reporting by requiring public companies to disclose, in their interim and annual reporting ...

The difference between income and expenses is simple: income is the money your business takes in and expenses are what it spends money on. Your net income is generally your revenue, or all the money ...

Brex reports that choosing the right expense management system enhances financial health and efficiency, automates processes, and supports growth.

In mid-December, commercial property owners in Nassau County got an early holiday surprise when thousands of them received notices from the county Department of Assessment claiming that they each owed ...