Statement of work: A document routinely used to describe services to be rendered. It provides a clear understanding of the project-specific activities, deliverables and timelines. Also known as a SOW.

Saks Global struggles continue as Q1 sales, profit decline The company beat its own expectations and says it’s making progress, though analysts warn it’s losing customers to Bloomingdale’s ...

GnuCash is an open-source, locally installed accounting software product that's free to use but requires manual data entry.

Understanding these basic accounting concepts can help you make smarter financial decisions in the long run, as well as in your day-to-day operations.