Discover how accruals affect company finances, with insights into the accrual accounting method, its applications, and examples illustrating its principles.

Except where otherwise authorized by statute, costs must meet the following general criteria in order to be allowable under Federal awards: A cost is reasonable if, in its nature and amount, it does ...

Discover essential strategies for budgeting capital expenditures and ensuring sustainable business growth. Learn how to plan effectively to avoid expense overruns.

Understanding how cost analysis works can help you start to see patterns of spending in your business. When analyzing cost amounts, costs are often categorized based on their behavior. A fixed ...

The procedures and guidelines for transferring an expenditure differ depending on the type of expenditure and the funding source(s) involved in the transfer. Other Than Personal Service (OTPS) ...

This guideline provides guidance for capitalization, depreciation/amortization and construction in progress of capital assets purchased, constructed or developed ...

Accounting software isn't just for big enterprises. Sole traders, freelancers and contractors will all benefit from keeping their books in order ...

AFE has two possible meanings in accounting, depending where it crops up. If it's referring to proposed or reviewed budgets or projects, it most likely means "authorization for expenditures." If you ...