The AICPA issued a technical question and answer (TQA) Thursday to help financial statement preparers account for the amount a partnership pays the IRS for previous underpayments of tax, interest, and ...

A partnership is one of the entities that is generally required to adopt a particular accounting period as specified under the regulations.1 A partnership’s accounting period is determined by ...

Regardless of the type of company you run, the same basic accounting equation applies: The value of your company's assets is equal to its total liabilities plus the owners' equity in the firm.

Truss Edge has added a partnership accounting tool that integrates and automates hedge fund management operations. Partnership tax reporting has been introduced to help fund managers with reporting ...

They say that two heads are better than one, and that's how partnerships came to be. Whether you're a doctor looking for a peer to take on more patients, a lawyer who wants to branch out into ...