Learn what an onerous contract is, regulations for reporting them, and examples. Explore how IFRS and GAAP differ in handling these unfavorable contracts.

The White House Office of Management and Budget’s Cost Accounting Standards Board published a final rule and a proposed rule that would eliminate “redundant” requirements.

Accounting apps make it easier to manage your company's money. We've evaluated the top options based on customizability, usability, value, and more to help you find the best accounting software for ...

PARIS, Sept 5 (Reuters) - Airbus (AIR.PA), opens new tab delivered 61 aircraft in August, bringing deliveries for the first eight months of the year to 434 jets, down 3% from the same period last year ...

In his decades-long career in tech journalism, Dennis has written about nearly every type of hardware and software. He was a founding editor of Ziff Davis’ Computer Select in the 1990s, senior ...

The double-entry system protects your small business against costly accounting errors. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...

Cognitive dissonance happens when you hold two conflicting thoughts in your mind at the same time — like loving both hamburgers and cows. Cognitive dissonance is a theory in social psychology first ...

Spirit Airlines is citing problems with the Pratt & Whitney engines that power ultra-low-cost carrier’s (ULCC’s) fleet of Airbus A320neo-family aircraft, as well as the recent termination of leases ...

15:47, Thu, Aug 28, 2025 Updated: 15:47, Thu, Aug 28, 2025 Harold Wilson once said that “the Labour Party is a moral crusade or it is nothing”. Claims like that helped build a climate of moral ...

A financial statement that lists the assets, liabilities and equity of a company at a specific point in time and is used to calculate the net worth of a business. A basic tenet of double-entry ...