A primary responsibility of a small-business owner is to develop plans, or budgets, that formalize a company's operational objectives and express them as financial performance criteria to be met by ...

Timothy Li is a consultant, accountant, and finance manager with an MBA from USC and over 15 years of corporate finance experience. Timothy has helped provide CEOs and CFOs with deep-dive analytics, ...

An administrator of a small business is responsible for managing the organization. Accounting activities help administrators make important decisions regarding the operation of the business. Areas of ...

Explore the fundamental concepts and techniques of management accounting with an emphasis on strategic planning, budgeting, cost-volume-profit analysis and decision-making in a competitive environment ...

Forbes contributors publish independent expert analyses and insights. I am the President of Diversified, a CFP and author. Managing finances in retirement is about more than just having enough savings ...

Technology, demographics, and regulation are hard trends that will have a lasting effect on business. Tom Hood, CPA/CITP, CGMA, shares how to adapt. Rita McGrath, a professor of management at Columbia ...

Not-for-profit organizations face a number of challenges not found in the typical business environment, particularly with respect to cash flow management and budgeting. Such organizations are usually ...

Accounting is the language of business and is fundamental to decision-making for organizations across all industries. Accountants record transactions, provide strategic insights, ensure regulatory ...

Budget execution traditionally has been defined as a straightforward process of implementing the budget as approved. Research into the process has been limited, particularly with regard to local ...