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 ...

You may have the skills and ability to start and run a very successful business, however, you may not have the necessary capital to finance it. You need a partner, one who has the money you require, ...

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 ...