The Financial Accounting Standards Board has released guidance aimed at clarifying the official definition of a “business” for purposes of the accounting rules. The new accounting standards update ...

For small businesses, proper accounting techniques can easily mean the difference between a profitable, well-run company and a struggling business. If a company accurately accounts for its expenses ...

Eight independent federal MPs have signed a letter to Employment Minister Murray Watt, calling on him to change the definition of "small business" from 15 employees, to at least 25. The Australian ...