Financial accounting principles shape the recording of nearly every business transaction in the business world. The creation of these principles is no small task and can sometimes seem nearly ...

Arguably one of the most frequently heard debates in the accounting profession over the past year has been one over the “principles- vs. rules-based” standards. Lately that argument has been heard ...

We all perceive and respond to our world through the lens of our mental models. In order to be objective, we must identify and transform limiting and unproductive mental models and change our minds.