Burn, baby, burn. That's a beautiful thing.” These words came from an Enron energy trader, caught on tape during the ...

IN BRIEF Public company auditing is a complex and challenging area of accounting practice. The following revisits the authors ...

FASB to weigh whether some stablecoins and other digital assets qualify as cash equivalents, as it also decides which of over ...

The Chookaszian Accounting Research Center has promoted accounting research by Chicago Booth faculty and PhD students since the 1960s. Our decades-long tradition in accounting is built on milestone ...

Journal entries are necessary for adjusting the balances of ledger accounts for a variety of reasons, including recognizing accruals, liabilities and other expenses. If an entry posts incorrectly, it ...

Please note: This item is from our archives and was published in 2005. It is provided for historical reference. The content may be out of date and links may no longer function. The century of American ...

Accounting Rulemaker to Delve Into Crypto in 2026 Amid Trump Push FASB to weigh whether some stablecoins and other digital assets qualify as cash equivalents, as it also decides which of over 70 ...

The Ray Ball Journal of Accounting Research Conference occurs annually each May at the University of Chicago. The conference is funded by the Chookaszian Accounting Research Center. The 61st Annual ...

Following FASB’s issuance of Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842), in 2016, GASB issued Statement No. 87, Leases, in June 2017, to become effective for reporting periods ...

Journals are created following the business rules and Chart of Accounts architecture for valid values to record and order financial information for management and reporting. Journals should contain ...

If your small business used a mortgage for a home purchase, a journal entry affects the property, mortgage payable and cash accounts. If you paid all cash for a home, a journal entry affects the ...

Yes, the test environment link is: challenger.irttest.drexel.edu/FinanceToolbox. You have to copy and paste this link into your browser. This will ask you to ...